Comment from Predicate
PredicateSupportBusiness
Summary: Predicate, a blockchain infrastructure company, supports the proposed rule but advocates for greater discretionary power for Permitted Payment Stablecoin Issuers (PPSIs) to freeze assets in real-time. They argue that PPSIs are best positioned to identify and mitigate risks in dynamic secondary markets and recommend a principles-based approach that incorporates automated compliance tools.
See attached file.