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.
All jurisdictions should implement the anti-money laundering and counter-terrorism financing standards.
Stablecoins can include features that are typical of regulated securities.
A consultative report will be submitted to the G20 in April 2020.
Recent patent suggests retailer seeks entry into banking sector.