Browsing: Stablecoin Issuers

New York Mellon Bank has introduced a money market fund specifically designed for stablecoin issuers, aiming to cater to the growing demand in the digital asset space. This fund is intended to provide a stable…

Eddie Yue stated that licenses for stablecoin issuers will not be granted for speculative or investment purposes. Instead, approvals will be reserved for applicants demonstrating a strong, legitimate use case. Yue emphasized the need for… (via Bpaynews real-time desk)

The co-founder of Stripe has emphasized the necessity for both stablecoin issuers and banks to engage in revenue sharing. This…