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US Banks Form Consortium for a Stablecoin Launch

Four United States licensed banks have formed a consortium to launch a bank-minted stablecoin, called USDF. This, according to them, will challenge the stablecoins that are mostly non-bank issued.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Banks Form Consortium for a Stablecoin Launch
Four United States licensed banks have formed a consortium to launch a bank-minted stablecoin, called USDF. This, according to them, will challenge the stablecoins that are mostly non-bank issued.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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