EXAMINE THIS REPORT ON STABLECOIN NEWS

The HKMA expects for FRS consumers to obtain the correct to redeem their FRS at par value with the FRS issuer to have a claim about the reserve assets (or maybe the issuer In the event the issuer is unable to meet redemption obligations). Can payment stablecoins be issued on private blockchains? a fascinating implication of the McHenry Invoice’s

Stablecoins, developed on blockchain technological innovation, use smart contracts and algorithmic mechanisms to guarantee privacy and stability. These characteristics help people to perform transactions without having revealing their identities or private details. A different probable use circumstance is to be a medium of exchange for cross-borde