🚨NEW: Lone Democrat @SECGov Commissioner Caroline Crenshaw has put out a statement criticizing the stablecoin guidance released today by Corporation Finance staff. She says the guidance has legal and factual errors that ‘paint a distorted picture of the USD-stablecoin market that drastically understates its risks.’ Full statement here: https://www.sec.gov/newsroom/speeches-statements/crenshaw-statement-stablecoins-040425