The bank-delivered digital dollar
WEBBlockchain technology holds tremendous promise to improve financial services, offering faster, cheaper services that can help promote financial inclusion, drive economic growth, and support the role of the U.S. Dollar as the global reserve currency. Learn More.
US Banks Form Group to Offer USDF Stablecoin - CoinDesk
WEBJan 12, 2022 · A group of U.S. banks plans to offer its own stablecoin, called USDF, in a move to tackle concerns about the reserves behind nonbank-issued equivalents.
USDF Consortium™ Launches to Enable Banks to Mint USDF …
WEBJan 12, 2022 · USDF is a bank-minted alternative to non-bank-issued stablecoins. USDF will be minted exclusively by U.S. banks and will be redeemable on a 1:1 basis for cash from a Consortium...
FDIC-Backed Banks Send Stablecoins in USDF First - CoinDesk
WEBJan 19, 2022 · NBH Bank and New York Community Bank have conducted the first USDF transaction over the Provenance Blockchain. NBH Bank minted the newly introduced stablecoin and sent it to a customer of New...
USDF Stablecoin Consortium Adds 3 More Banks - CoinDesk
WEBMar 9, 2022 · Amerant Bank, ConnectOne Bank and Primis Bank have joined a consortium of financial institutions that is planning to offer a new stablecoin. The three banks are now part of the USDF Consortium,...
U.S. Banks Form Consortium to Support Bank-Minted Stablecoin
WEBJan 12, 2022 · Five FDIC-insured banks today announced the launch of the USDF Consortium, a group that was formed with the goal of building a network of banks to facilitate the adoption of USDF, a bank-minted stablecoin. The consortium’s founding members include New York Community Bank, Denver-based NBH Bank, Nashville-based First Bank, Montebello, New York ...
FirstBank Joins USDF Consortium™ as Founding Member in …
WEBJan 12, 2022 · USDF will be minted exclusively by U.S. banks and will be redeemable on a 1:1 basis for cash from a Consortium member bank. USDF addresses the consumer protection and regulatory concerns of non-bank issued stablecoins and offers a more secure option for transacting on blockchain.
US Banks Form Group to Offer USDF Stablecoin - Yahoo Finance
WEBJan 12, 2022 · A group of U.S. banks plans to offer its own stablecoin, called USDF, in a move to tackle concerns about the reserves behind nonbank-issued equivalents.
US Bank Stablecoin Consortiums Signal Growth of Digital Asset …
WEBFeb 9, 2022 · USDF highlights the potential for SC issuance by U.S. banks, with members including New York Community Bank, NBH Bank, FirstBank, Sterling National Bank and Synovus Bank, as well as fintechs Figure Technologies and JAM FINTOP.
USDF Stablecoin Consortium Adds 3 More Banks - Yahoo Finance
WEBMar 9, 2022 · Three more banks have joined a consortium of financial institutions planning to offer a new stablecoin.
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