https://ift.tt/3zUlvsz. Banks Form Group to Offer USDF Stablecoin

U.S. Banks Form Group to Offer USDF Stablecoin

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https://ift.tt/3qkMgDy group of U.S. banks plans to offer its own stablecoin, called USDF, in a move to tackle concerns about the reserves behind non-bank issued equivalents. Comprising institutions backed by the Federal Deposit Insurance Corporation (FDIC), one of the industry’s key regulators, the group said the coin will “addresses the consumer protection and regulatory concerns […]

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