<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvNWJlOWU5YjQtNGY4ZS00YWM3LTgyMDEtZGEwOTc1ZDhkNjRlLmpwZw==.jpg"></p><p>Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities. </p>