Monday, January 24, 2022

FDIC Still Unsure If USDF Stablecoin Is FDIC Insurable

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The consortium has been in dialogue with several regulators, including the Office of the Comptroller of the Currency, the Federal Reserve and the FDIC, since before the announcement, Wade Perry, chief administrative officer of FirstBank said the CoinDesk TV. However, he also did not respond to a question about UDSF’s insurability.

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