The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents.” according to the company.
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House’s McHenry Accuses U.S. SEC Chief Gensler of Misleading Congress on Ethereum (ETH)
The classification of (ETH), the second-largest cryptocurrency by market cap, is a major question hanging over the U.S. oversight of...