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Figure eyes SEC approval for interest-bearing stablecoin - Banking Dive

Retrieved on: 2024-01-24 20:28:31

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Figure eyes SEC approval for interest-bearing stablecoin - Banking Dive. View article details on HISWAI: https://www.bankingdive.com/news/figure-interest-bearing-stablecoin-sec/705526/

Summary

Figure is filing to issue an interest-bearing stablecoin regulated as a security, amidst debates over stablecoin oversight between the SEC, CFTC, and legislative bodies. This move differentiates from stablecoin leaders like Circle and Tether.

Article found on: www.bankingdive.com

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