Jerome Powell recently spoke on why the U.S central bank had no reason to rush into central bank digital currencies.
The OCC has responded to questions regarding the application of stablecoin-related bank activities.
USDC, a stablecoin project, in recent days has shown significant use among crypto investors.
OUSD is a natural extension of Origin’s mission in facilitating peer-to-peer commerce.
The OOC has insisted that national banks and federal savings associations may hold "reserves" on behalf of customers who issue stablecoins.
Celo's price traded at about $4.40 with a 24-hour trading volume of $35 million.
Tether accounts for 93% of stablecoin use in the region.
Tether has become the third most valuable cryptocurrency trading at $1 at the time this report was drafted, has a market capitalization of $8.803 Billion