It’s the first time the regulator has approved the registration of an interest-bearing stablecoin as a public security.

Yield-bearing stablecoins have long been on the wish list of many crypto market participants who use the tokens to facilitate billions of dollars in transactions daily.

Sankey was in New Orleans as part of a multi-day summit between the SEC and Big Ten regarding a number of issues surrounding the sport. He told Ross Dellenger of Yahoo Sports that while the 9-game schedule continues to be a point of discussion, no decision has been reached on whether to expand from the current 8-game format.

Once again, the SEC football is moving closer to a nine-game conference schedule. And once again, even with momentum building, it’s not a done deal. The conference has seemed close to this move for years,

Greg Sankey knows the SEC has influence but for how much longer if it doesn't adapt to modern scheduling realities in college football?