Major banks explore issuing stablecoin pegged to G7 currencies
A Bank of America logo is seen on the entrance to a Bank of America financial center in New York City, U.S., July 11, 2023. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tabSummaryCompaniesGroup includes US, UK, Swiss, Japanese, Canadian lendersBanks seeking to find their way as stablecoin demand growsAnnouncement follows European bank initiative last monthPARIS/LONDON Oct 10 (Reuters) - Ten major banks including Bank of America (BAC.N), opens new tab, Deutsche Bank (DBKGn.DE), o...
Read more at reuters.com