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

The acting OCC chief says stablecoins aren’t ”interoperable” and that should change.

Updated May 11, 2023, 3:56 p.m. Published Apr 27, 2022, 2:44 p.m.
Michael Hsu, acting Comptroller of the Currency (Al Drago/Bloomberg via Getty Images)
Michael Hsu, acting Comptroller of the Currency (Al Drago/Bloomberg via Getty Images)