Tag: USDF
USDF Stablecoin Consortium Adds 3 More Banks
“The increase in membership is a testament to the Consortium’s ability to provide in-depth guidance and connect banks with turn-key technology solutio [...]
FDIC-Backed Banks Send Stablecoins in USDF First
NBH Bank and New York Community Bank have conducted the first USDF transaction over the Provenance Blockchain. NBH Bank minted the newly-introduced st [...]
FDIC Still Unclear if USDF Stablecoin Is FDIC-Insurable
The consortium has been in dialogue with several regulatory bodies, including the Office of the Comptroller of the Currency, the Federal Reserve, and [...]
US Banks Form Group to Offer USDF Stablecoin
A group of U.S. banks plans to offer its own stablecoin, called USDF, in a move to tackle concerns about the reserves behind nonbank-issued equivalent [...]
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