Circle Makes USDC Legal for Firearm Purchases, Aligning with Second Amendment Rights

Circle, the issuer of US Dollar Coin (USDC), has updated its Terms of Service to allow firearm purchases using USDC, explicitly clarifying previously ambiguous policies. This change reflects the protection of Second Amendment rights and comes after collaboration with the National Shooting Sports Foundation (NSSF). The update ensures lawful commerce within the crypto space. Senator Cynthia Lummis lauded the decision, stating it aligns with existing legal requirements and defends constitutional rights for gun owners. The NSSF applauds Circle’s action as a vital recognition of constitutional rights in the digital economy. Notably, this change comes amid wider discussions regarding stablecoin use in payments, with implications for both consumer access to financial services and the right to engage in lawful commerce.