Rapid Insights: Latest Stablecoin Developments
Quick Take
- Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion.
- Sam Bankman-Fried has recently announced that FTX will very likely launch a stablecoin in the future.
- The Monetary Authority of Singapore has also proposed a framework for regulating stablecoin issuers and the broader crypto markets in Singapore.
- Huobi delists its stablecoin HUSD and will be converting the HUSD for USDT 1:1 for the existing HUSD holders.
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Author: Arnold Toh
