CONSIDERATIONS TO KNOW ABOUT STABLECOIN USE CASES

When a person consumer sends dollars to another about the blockchain, JPM cash are transferred and instantaneously redeemed for that equivalent level of US bucks, lowering the typical settlement time. even so, two times later on November 23, 2021, the OCC issued A different interpretive letter that, though portrayed as featuring “clarificationâ€

The transfer perform of systemic stablecoins ought to adhere towards the PFMIs, particularly when they integrate with present payment units. as the transfer purpose of a systemic stablecoin is akin to the transfer perform performed by other sorts of systemic financial marketplace infrastructures, the CPMI-IOSCO advice has recognized that the PFMI a