$USDC Sure, the details are scant, but USDC stablecoin issuer Circle’s representatives made a trip to Washington to meet with the Securities and Exchange Commission’s Crypto Task Force. The team included Circle President Heath Tarbert, General Counsel Dan Kaleba, Deputy General Counsel Christine Parker, and Vice President Corey Then.

A public memo notes that the company described USDC as a “payment stablecoins” and made its case for the “non-applicability of securities laws to certain payment stablecoins.”