US banks form consortium for a stablecoin launch

The USDF Consortium™ (the Consortium), an association of FDIC-insured financial institutions, launched with a mission to build a network of banks to further the adoption and interoperability of a bank-minted stablecoin (USDF™), which will facilitate the compliant transfer of value on the blockchain, removing friction in the financial system and unlocking the financial opportunities that blockchain and digital transactions can provide to a greater network of users. USDF is a bank-minted alternative […]