Circle смягчила ограничения на покупку оружия за стейблкоин USDC Translation: Circle Eases Restrictions on Gun Purchases with USDC Stablecoin

The issuer Circle has revised its policy regarding the use of the USDC stablecoin, which previously prohibited the purchase of firearms. This decision was made following complaints from American lobbyists.

According to the news outlet Crypto In America, journalist Eleanor Terrett reported that the company now permits the legal purchase of ammunition using «stable coins.» The firm directly informed major shooting organizations in the United States about these changes.

Previously, USDC holders were not allowed to use the asset to buy «any type of weapon, including firearms, ammunition, knives, explosives, or related accessories.»

The former policy faced criticism from conservative and gun advocacy groups, including Americans for Tax Reform and the National Shooting Sports Foundation (NSSF). They argued that the restrictions violated the Second Amendment of the United States Constitution.

In an article by the NSSF, the issuer was accused of undermining civil liberties. The piece claimed that Circle’s anti-firearm policy highlighted the risks of private transactions being captured by financial intermediaries.

«Firearms are the only lawful, constitutionally protected property rights that are not associated with financial risk. Circle will not allow you to purchase them with their coins. It is unclear if this ban applies to kitchen utensils or what types of pocket knives are prohibited,» the authors wrote.

Political pressure likely compelled the issuer to amend its terms of service. Immediately after the news broke, several Republican senators praised Circle.

«The decision to allow legal firearm purchases with stablecoins is a confident step against the discrimination of licensed gun owners. […] Circle is upholding our constitutional rights and ensuring that our financial systems won’t be used against law-abiding gun owners and legal industries,» remarked Wyoming Senator Cynthia Lummis in a comment to Crypto In America.

The NSSF noted Circle’s swift response, which allowed the company to «publicly and unequivocally state that it does not discriminate against legal firearm commerce.»

«[Circle’s decision] is a complete contrast to mechanisms inspired by the Choke Point initiative, aimed at halting legislative processes and secretly advancing liberal party objectives,» said Tennessee Senator Bill Hagerty, author of the recently passed GENIUS Act.

According to Komodo’s CTO, Kadan Stadelmann, Circle’s actions indicate that «stablecoins are subject to the whims of governmental apparatus.»

«A private company in the U.S. cannot issue a neutral ‘stablecoin’ as it is bound by American laws, regulations, and domestic affairs,» he added.

As a reminder, in October, co-founder of Multicoin Capital Tashar Jain stated that the GENIUS Act would trigger a massive withdrawal of deposits from traditional banks to more profitable stablecoins.