Circle Enables USDC for Lawful Firearms Purchases, Addressing Financial Censorship Concerns

Circle has reversed its previous prohibition of using USDC for firearm purchases, allowing users to transact with the stablecoin legally. This policy shift comes in response to public and industry pressure over financial censorship and is seen as a win for proponents of constitutional freedoms and firearms rights. Circle’s decision aligns with the GENIUS Act and signifies a change in its stance on legal commerce, reflecting broader debates about private sector influence and financial neutrality. 75.23 billion market cap USDC now allows purchases for legitimate gun sales.