🚨 SEC JUST REPRICED STABLECOIN RISK

The SEC now lets broker-dealers treat qualifying USD stablecoins as near-cash.
Only a 2% haircut on proprietary positions.
That puts compliant stablecoins in the same risk bucket as short-term Treasuries.
Why?
Because reserves, regulated issuers, and monthly audits reduce balance sheet uncertainty.
What this does:
• Frees up capital
• Encourages on-chain settlement
• Makes tokenized assets easier to handle inside TradFi
This is quiet infrastructure work.
Not hype. Not ETFs. Not memecoins.
Just plumbing.
If stablecoins become balance-sheet friendly, broker-dealers can integrate them without capital punishment.
That’s how crypto rails merge with legacy finance.