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Circle Executive Denies Rumors of Receiving SEC Notice on USDC Stablecoin

Cointime Official

Dante Disparte, the Chief Strategy Officer, Head of Global Policy of  the USDC stablecoin issuer Circle, denied the rumor that circle has received a Wells notice from U.S. Securities and Exchange Commission on Twitter. 

There were unconfirmed speculations that the SEC had issued a Wells notice to Circle, implying that the regulator intends to initiate enforcement actions against the firm. 

Those rumors were primarily spread by a now deleted tweet from FOX Business reporter Eleanor Terret.

Eleanor Terret apologized for the mistake later.

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