US financial institutions will meet to discuss the impact of stablecoins on the future Author: Cointelegraph

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U.S. financial institutions will meet to discuss the impact of stablecoins on the future

U.S. Treasury Secretary Janet L. Yellen Announced plan Convene the President’s Financial Markets Working Group (PWG), the Office of the Comptroller of Currency and the Federal Deposit Insurance Corporation to discuss possible cross-departmental work related to stablecoins. The meeting is scheduled for Monday, July 19.

Secretary of State Yellen said: