The report makes no new policy, and it adds to the consistent view from U.S. banking agencies – including the Office of the Comptroller of the Currency and the Federal Reserve – that banks should mostly keep their distance from digital assets, unless their federal regulators are comfortable with the specific activity.
Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
"The collaboration between USDX and Clearpool on Flare delivers a 1:1 backed stable asset with immediate access to real world...