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A consortium of United States banks or “an association of FDIC-insured financial institutions” including New York Community Bank (NYCB), NBH Bank, FirstBank, Sterling National Bank, and Synovus Bank is set to launch a “bank-minted” stablecoin with the ticker USDF.
The post Consortium of U.S. banks looking to launch bank-issued stablecoin appeared first on CryptoSlate.
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