Circle Adjusts USDC Terms to Address Firearm Transactions

Circle, issuer of the USD Coin (USDC) stablecoin, has revised its policies to clarify rules concerning prohibited transactions. These updates focus on restricting purchases of firearms and weapons. Specifically, Circle now holds the authority to monitor and potentially block transactions related to such items. However, these restrictions only apply to transactions that violate existing legal frameworks. This means legally purchased firearms can still be acquired using USDC.