Zelle Starts Minting New Stablecoin, Eyeing Global Expansion
Zelle has begun minting its US dollar-backed stablecoin, ZelleUSD, which went into production last week. The move is part of a plan by Wall Street banks to expand globally and compete with established crypto firms. Zelle's parent company, Early Warning Services LLC, declined to comment.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at News.bloombergtax.com.
Discussion
Comments are reviewed before publication.
Want the full article?
Continue reading on News.bloombergtax.com →
No comments yet.