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The stablecoin boom won’t continue without decentralized interoperability
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Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends.
A November 2021 report published by the United States President’s Working Group on Financial Markets details the various measures to ensure stablecoin regulation is implemented within government guidelines. A global central bank survey by the Bank for International Settlements (BIS) shows 86% of central banks are now actively engaged in some way with central bank digital currencies (CBDCs), a government-backed form of a stablecoin.
Read more on cointelegraph.comAbout this in other media
The Senate Banking Committee wants answers from stablecoin issuers on how their business works markets.businessinsider.com /2 years ago
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing cointelegraph.com /2 years ago
Ripple joins hands with Palau for ‘world’s first government-backed stablecoin’ ambcrypto.com /2 years ago
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