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.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...