Summary
- The Depository Trust & Clearing Corporation (DTCC) is reportedly considering issuing a stablecoin.
- DTCC stated that if relevant legislation passes, it plans to officially pursue the issuance of its own stablecoin.
- It is reported that this stablecoin is expected to enhance the utilization of digital assets across various financial markets.
The Depository Trust & Clearing Corporation (DTCC) is reportedly considering issuing a stablecoin. The aim is to increase the utility of digital assets.
On the 12th (local time), Binance News, citing a report from Odaily, stated, "DTCC, the key institution responsible for securities settlement in the United States, is exploring the possibility of issuing a stablecoin."
According to the report, if relevant legislation passes in Washington, DTCC plans to officially pursue the issuance of its own stablecoin.
The stablecoin is expected to accelerate the use of digital assets across various financial markets.
Meanwhile, DTCC, which handles settlement and clearing for U.S. stock markets, has continued to seek ways to interface with blockchain technology.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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