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Stablecoin Report.pdf

StableCoinReport_Nov1_508.pdf
Preview of Stablecoin Report
🔗 Source: home.treasury.gov
📊 Size: 7.32 MB
👤 Author: PWG, FDIC, OCC
⬇️ Downloads: 43

Summary

Stablecoins are digital assets designed to maintain a stable value relative to a national currency, primarily used for trading, lending, or borrowing digital assets. They pose risks including market integrity, investor protection, illicit finance, and prudential concerns. The President's Working Group on Financial Markets recommends Congress enact legislation to ensure payment stablecoins are subject to a federal prudential framework, requiring stablecoin issuers to be insured depository institutions and custodial wallet providers to be subject to federal oversight.

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Description

Stablecoins are digital assets designed to maintain a stable value relative to a national currency, primarily used for trading, lending, or borrowing digital...

Technical Information

  • File Format: PDF
  • File Size: 7.32 MB
  • Pages: 26
  • Language: EN
  • Author: PWG, FDIC, OCC
  • Total Downloads: 43
  • Last Updated: 2 months ago

Document Overview

This PDF document about Stablecoin Report provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Stablecoin Report.

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