美國證券交易委員會（SEC）工作人員近日發布常見問題解答，明確不反對經紀交易商對穩定幣持倉適用 2% 折價，允許計入淨資本要求（例如持倉 1 億美元穩定幣，可計入 9800 萬美元淨資本）。此前經紀交易商不確定是否需對美元掛鉤穩定幣適用 100% 折價，導緻無法計入淨資本。

Staff of the U.S. Securities and Exchange Commission (SEC) recently issued a Frequently Asked Questions (FAQ) document, clarifying that they do not object to broker-dealers applying a 2% haircut to stablecoin holdings when calculating net capital requirements. For example, a $100 million stablecoin position may be counted as $98 million in net capital.

Previously, broker-dealers faced uncertainty over whether a 100% haircut was required for USD-pegged stablecoins, making them ineligible for net capital inclusion.