The post Ripple News: RLUSD Gets Big Win as SEC Eases Stablecoin Rules appeared on BitcoinEthereumNews.com.

Key Insights: SEC allows 2% haircut on payment stablecoins, easing capital treatment for broker-dealers. Ripple RLUSD qualifies under updated guidance ahead of GENIUS Act rollout. Lower haircut may accelerate stablecoin use in tokenized securities trading. Ripple news moved to the forefront after the U.S. Securities and Exchange Commission signalled a major shift in its treatment of payment stablecoins. The agency confirmed it will not object if broker-dealers apply a 2% haircut to proprietary positions in qualifying payment stablecoins when calculating net capital. The update reduces a key regulatory constraint that had limited how broker-dealers treated stablecoin holdings on their balance sheets. Market participants said the change could support deeper integration of stablecoins into traditional financial infrastructure. Ripple News: SEC Lowers Stablecoin Haircut to 2% In a public statement, SEC Commissioner Hester Peirce said staff from the Division of Trading and Markets would not object to broker-dealers applying a 2% haircut on proprietary positions in payment stablecoins. The haircut applies when firms calculate regulatory net capital requirements. Previously, some broker-dealers applied a 100% haircut to payment stablecoin holdings. Under that treatment, firms could not count those assets as regulatory capital. Peirce described the 100% haircut as unnecessarily punitive. She pointed to the underlying reserve assets that back payment stablecoins. She also noted that the 2% haircut aligns with the Commission’s approach to registered investment companies structured as money market funds. Those funds hold similar instruments to the reserve assets maintained by payment stablecoin issuers. The guidance applies to payment stablecoins issued by state-regulated money transmitters, state-regulated trust companies, or national trust banks. The clarification remains in effect until the effective date of the GENIUS Act, scheduled for next year. Ripple news coverage highlighted that RLUSD falls within the category of qualifying payment stablecoins under this framework. SEC Signals Broader Path for…

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Filed under: News - @ February 23, 2026 6:25 pm