Sony Bank gets conditional OCC approval for US trust bank to issue dollar-backed stablecoin

The Block2h agoUpdated 2h ago
Sony Bank gets conditional OCC approval for US trust bank to issue dollar-backed stablecoin
Smart Read

The trust bank subsidiary, Connectia Trust, is expected to issue and manage a dollar-backed stablecoin, pending final approval....

Part of narrative
Stablecoins

Explore how Stablecoins is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

Hyundai Card completes its first real-world stablecoin pilot with Avalanche, Tether
The Block3h ago60-word brief

Hyundai Card completes its first real-world stablecoin pilot with Avalanche, Tether

Visa and Circle will participate in Hyundai Card's second stablecoin PoC, which is set to begin later this month....

Trader loses $1M after signing phishing token approval
CoinTelegraph4h ago60-word brief

Trader loses $1M after signing phishing token approval

Onchain scammers netted more than $14 billion last year, and approval phishing remains a primary attack vector....

AI is shortening the shelf life of crypto security audits, researchers warn
CoinTelegraph4h ago60-word brief

AI is shortening the shelf life of crypto security audits, researchers warn

Hackers have also been exploiting the codebases of defunct decentralized finance protocols, draining millions of dollars in customer funds....

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.