Express
World Stablecoin Association Launches In Geneva, Plans To Create A Network Of Leading Stablecoin Projects
Summary: The World Stablecoin Association has launched in Switzerland with the goal of creating a network of all major stablecoin projects around the globe, as reported by Cointelegraph. The association will be launched in Geneva by crypto exchange VirgoX and Global Digital Assets, a blockchain capital markets firm. Adam Cai, CEO of VirgoX, said that major projects ...
The World Stablecoin Association has launched in Switzerland with the goal of creating a network of all major stablecoin projects around the globe, as reported by Cointelegraph.
The association will be launched in Geneva by crypto exchange VirgoX and Global Digital Assets, a blockchain capital markets firm. Adam Cai, CEO of VirgoX, said that major projects including Tether, USD Coin and Dai are planning on joining the association by the end of the year. The association also plans to help early-on stablecoin projects, but Cai noted that the greatest barrier to the success of even mainstream stablecoin projects is adoption.
The association will host monthly webinars in addition to an annual summit in Switzerland for stablecoin projects to collaborate and discuss the industry.
By Emily Mason
Tags: Global Digital Assets,Stablecoins,Tether,USD Coin,VirgoX
Link: World Stablecoin Association Launches In Geneva, Plans To Create A Network Of Leading Stablecoin Projects [Copy]
