The U.S. Securities and Exchange Commission (SEC) has given the crypto world some clarity: Not all stablecoins are securities. 🎉 This means that some are exempt from the SEC's strict rules — for now.

However, not all stablecoins are eligible. They must be redeemable at any time, and the reserves must be segregated from the company's funds. Tether is in question, since its reserves include gold and cryptocurrency.

Politicians are rushing to pass new laws. Stablecoins are not just finance, they are a political issue. 💼 The White House supports them as a tool to strengthen the dollar.

Algorithmic stablecoins remain under threat. The interest ban is a serious restriction. The SEC is changing its tune, but not all stablecoins are safe yet.