Stablecoin and DeFi could be the SEC's next targets ㅤ Beren | CRYPTO TREYSI
Stablecoin and DeFi could be the SEC's next targets ㅤ Berenberg Investment Bank (Germany) said in a report that the SEC may now focus on regulating stablcoins, including the two largest by market capitalization, Tether (USDT) and USD Coin (USDC), as well as decentralized finance protocols in compliance with regulatory requirements.
If the SEC seeks to reduce the potential of unregulated DeFi protocols as a viable alternative to regulated lenders and exchanges, they could "target stablecoins that serve as the lifeblood of decentralized finance,"write analysts led by Mark Palmer.
Could this lead to another loss of USDT and USD to $1 pegs?
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