Stablecoins Need to Set a Common Standard, Says US Banking Watchdog

“To ensure that stablecoins are open and inclusive, I believe a standard-setting initiative similar to that undertaken by [the Internet Engineering Task Force] and [World Wide Web Consortium] needs to be established, with representatives, not just from crypto/Web 3 firms but also including academics and government,” Hsu said Wednesday at the “Artificial Intelligence and the Economy: Charting a Path for Responsible and Inclusive AI” symposium in Washington, D.C.

Source: https://www.coindesk.com/policy/2022/04/27/stablecoins-need-standard-setting-effort-us-banking-watchdog-suggests/?utm_medium=referral&utm_source=rss&utm_campaign=headlines