US Sets for Stablecoin Explosion
Summary by Global Finance Magazine
1 Articles
1 Articles
US Sets for Stablecoin Explosion
The Act permits insured depository institutions and other regulated entities to issue stablecoin in the US. Corporate treasurers will soon have a broad range of issuer choices as numerous tier-1 US banks have announced plans for their own stablecoins to compete with leading issuers like Circle, Tether, and the Ethena decentralized autonomous organization. Banks that have thus far chosen not to venture into stablecoins can expect their share of …
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