Now in the process of setting rules and guardrails on Stablecoins after massive losses (2trillion$).
Stablecoins are explained as being Crypto-coins pegged to the value of a specific currency, e.g., the usd$ or others.
Stablecoins are supposed to better facilitate payments and receiving of money exchanges.
Expect rules to be in place by year’s end.
Forbes
Another step toward cashless societies, maybe.
