The company behind the PYUSD stablecoin said it wants to offer business lending and interest-bearing savings accounts.
PayPal, issuer of PYUSD, applies for Utah industrial bank license
The company behind the PYUSD stablecoin said it wants to offer business lending and interest-bearing savings accounts.
Shares:
With new laws defining market structure and stablecoin oversight, the broker said America’s digital asset industry has entered its most mature phase yet.
Kraken founder Jesse Powell and pardoned Silk Road founder Ross Ulbricht are also standing with Ver.
Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand’s settlement system were approved.
Lacewell joined the exchange as a board member last year having previously served as Superintendent and head of the New York Department of Financial Services