US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins(coindesk.com)
coindesk.com
US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins
https://www.coindesk.com/occ-banks-stablecoin-payments
3 comments
So does this apply to a decentralized Ethereum stablecoin (DAI)? A centralized Ethereum stablecoin (USDC)? Or do they rule out Ethereum entirely and insist the blockchain itself must be centralized?
Most important news of the last 2 years.
This makes the business model of most clearinghouses obsolete, as the banks will be able to cut out the intermediary by using technology.
This makes the business model of most clearinghouses obsolete, as the banks will be able to cut out the intermediary by using technology.