US Banking Regulator Tells Banks They Can Use Stablecoins for Payment Activities
5 Jan 2021 1 minute read 7 comments Abhimanyu Krishnan
The Office of the Comptroller of the Currency (OCC), part of the US Treasury, announced on Jan. 4 that banks could use stablecoins for payment activities. The letter states that banks and thrift institutions can participate in independent node veri...