US financial company DTCC explores issuing stablecoins

Odaily News A little-known company at the heart of the U.S. financial system is exploring issuing a stablecoin to accelerate the use of digital assets across markets, according to people familiar with the matter. The Depository Trust & Clearing Corporation (DTCC), a clearing agency that handles U.S. stock trades, will consider issuing a stablecoin if Washington approves legislation to legalize tokens, the people said.