Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Zelle's parent company, Early Warning Services, is considering launching a stablecoin.
2hours ago

According to Odaily Planet Daily, Early Warning Services (EWS), the parent company of the US money transfer platform Zelle, is exploring its entry into the crypto space and developing a stablecoin for everyday banking consumers. While the project is still in its early stages, if it proceeds, EWS could become a key driver of digital currency adoption among US retail banking clients. EWS is backed by major financial institutions such as Bank of America, JPMorgan Chase, Wells Fargo, and PNC. Zelle is expected to process over $1 trillion in transactions in 2023. (Crowdfundinsider)