SEC gives stablecoins a partial green light…with caveats🚦 —New guidance clarifies “covered stablecoins” (like USDT/USDC) aren’t securities, but excludes algorithmic and yield-bearing ones. —The Statement notes this is just one division’s stance (not full Commission approval). —Congress is already working on bipartisan stablecoin bills, will this accelerate them? Yield-chasing stablecoins (like USDe) still in limbo. 🤔