Group of the US banks create their stablecoin

Tags: Cryptocurrencies, Blockchain, Finance, Banks, Stablecoins
Companies: NYCB, USDF Consortium
Date: 14.01.2022
Digest: Weekly Digest

A group of US banks created a consortium and launch their own USDF stablecoin. USDF consortium will enable banks to mint stablecoin which can be redeemed in cash at a ratio of 1:1 in any of the banks of this consortium. Read more

Related Work

General Motors plans to launch autonomous vehicles

2022/08 AI Autonomous Vehicles Mobility Weekly Digest

Electric truck startup Nikola partners with Bosch on the fuel-cell power modules for hydrogen-powered trucks

2021/36 Electric Vehicles Hydrogen Fuel Mobility Weekly Digest

Machine learning helps to solve mental health problems

2022/05 2022/07 AI Mental Health Weekly Digest Wellbeing Wellbeing Digest