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The global standard for stablecoin issuers has been recognized by some stablecoin issuers and ecosystem participants in the industry

2024-10-09 12:12
Odaily News Stablecoin Standard, the industry organization for global stablecoin issuers, announced today that its recently released Global Standards for Stablecoin Issuers have been endorsed by some of the industry’s largest stablecoin issuers and ecosystem participants. These organizations include Archblock, BiLira, Bitstamp, GMO-Z.com Trust Company (“GMO Trust”), JST Digital, Fireblocks, Solana Foundation, StraitsX, and Zodia Markets, marking a step towards collaboration and standardization in the stablecoin industry. The standards were announced by Beth Haddock, Global Head of Policy at Stablecoin Standard, and are intended to promote global operational resilience, transparency, and consistency in issuer commitments. The Stablecoin Standard’s policy working group developed high-level standards that are both universal and operational, while remaining sensitive to market innovation. (Chainwire)