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An Interview With Stablecoin Standard
The post An Interview With Stablecoin Standard appeared on BitcoinEthereumNews.com. In an exclusive interview with BitcoinWorld, We got a chance to interact with Beth Haddock, Global Policy Lead at Stablecoin Standard, the industry body for stablecoin issuers globally, In this interview, We discuss how Stablecoin Standard actually works ? Can you explain the mission of Stablecoin Standard and how it aims to influence the development and adoption of stablecoins globally? Stablecoin Standard represents 28 global members, partners, and issuers, and is committed to driving global adoption of digital money through education, best practices, and policy engagement. In my new role as Global Policy Lead, I will lead the launch of an initiative to establish new global standards, set to be unveiled at our Annual Flagship Event in Singapore during the week of Token 2049. These standards will empower issuers and partners to showcase their commitment to responsible innovation, highlighting stablecoins as a key solution for cross-border payments and a powerful enhancement to traditional financial options for consumers and entrepreneurs. What are the key operational, transparency, and product standards that Stablecoin Standard is advocating for, and why are they important for the industry? The new standards, to be unveiled at our flagship event during Token 2049 in Singapore, focus on three key areas: 1) Operational resilience through financial stability, 2) Transparency and business ethics centered on consumer protection, and 3) Issuer and product commitments, including a financial crime prevention program. These standards are, in my view, the foundation of responsible innovation. They are crucial for ensuring that stablecoins, as part of the blockchain and crypto community, clearly demonstrate their commitment to good business practices as the sector grows and innovates. How do you see the regulatory landscape for stablecoins evolving, and what challenges do you foresee in achieving global regulatory harmonization? The Stablecoin Standard recently developed a comprehensive inventory of current and…
The post An Interview With Stablecoin Standard appeared on BitcoinEthereumNews.com.
In an exclusive interview with BitcoinWorld, We got a chance to interact with Beth Haddock, Global Policy Lead at Stablecoin Standard, the industry body for stablecoin issuers globally, In this interview, We discuss how Stablecoin Standard actually works ? Can you explain the mission of Stablecoin Standard and how it aims to influence the development and adoption of stablecoins globally? Stablecoin Standard represents 28 global members, partners, and issuers, and is committed to driving global adoption of digital money through education, best practices, and policy engagement. In my new role as Global Policy Lead, I will lead the launch of an initiative to establish new global standards, set to be unveiled at our Annual Flagship Event in Singapore during the week of Token 2049. These standards will empower issuers and partners to showcase their commitment to responsible innovation, highlighting stablecoins as a key solution for cross-border payments and a powerful enhancement to traditional financial options for consumers and entrepreneurs. What are the key operational, transparency, and product standards that Stablecoin Standard is advocating for, and why are they important for the industry? The new standards, to be unveiled at our flagship event during Token 2049 in Singapore, focus on three key areas: 1) Operational resilience through financial stability, 2) Transparency and business ethics centered on consumer protection, and 3) Issuer and product commitments, including a financial crime prevention program. These standards are, in my view, the foundation of responsible innovation. They are crucial for ensuring that stablecoins, as part of the blockchain and crypto community, clearly demonstrate their commitment to good business practices as the sector grows and innovates. How do you see the regulatory landscape for stablecoins evolving, and what challenges do you foresee in achieving global regulatory harmonization? The Stablecoin Standard recently developed a comprehensive inventory of current and…
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