USDC Embraces Second Amendment: Circle Now Permits Firearm Purchases with Stablecoin
Circle, the issuer of the USDC stablecoin, has updated its policy to allow legal firearm purchases using its digital currency. This move places cryptocurrency at the center of political debates, challenging perceptions of financial neutrality. Advocates celebrate it as a victory for Second Amendment rights, while opponents warn of the growing overlap between decentralized finance and regulatory oversight.
The policy shift coincides with Circle's testnet launch in partnership with industry players, signaling wider acceptance of regulated crypto applications. Stablecoins like USDC face increasing scrutiny—praised for compliance yet drawn into ideological conflicts. While Bitcoin's ethos of independence remains intact, this development highlights crypto's escalating tension with institutional frameworks.