The consortium aims to grow its membership of FDIC-insured banks.

stablecoin Archives - Markets Media

Committee is holding a hearing on Understanding the Challenges and Benefits of Financial Innovation in the US.

Institutions overwhelmingly prefer stablecoins backed 100% by fiat currency.

The President’s Working Group on Financial Markets released a report on stablecoins.

Principles for Financial Market Infrastructures will apply to systemically important stablecoins.

The paper explores regulatory models that could address payments-related and money-creation risk.

The letter noted the importance of common digital standards.

Customers are demanding speed, efficiency, interoperability, and low cost.

The opinion provides greater regulatory certainty for banks within the federal banking system.

The World Federation of Exchanges welcomed recommendations made by the Financial Stability Board.