Outgoing U.S. SEC Commissioner Hester Peirce stated in a September 27 interview that strict regulation ultimately favored "useless" meme coins. She emphasized that people's right to financial privacy should be respected, noting that individuals are not normally required to expose all financial transactions publicly. Peirce added that while blockchain offers transparency, this openness necessitates privacy protections, and financial privacy should be treated as the default rather than a sign of suspicious activity.