Banks mulling stablecoin consortium, Citizens execs say

Citizens Bank is evaluating its own place and strategy in the stablecoin realm as U.S. financial institutions  await regulatory clarity.  “It’s early … to say much about our strategy toward stablecoins,” Michael Cummins, executive vice president of treasury solutions, told Bank Automation News. A consortium approach, like Zelle, for stablecoin is being discussed by the […]