FDICInsurable

The consortium has been in dialogue with several regulatory bodies, including the Office of the Comptroller of the Currency, the Federal Reserve, and the FDIC, since before the announcement, Wade Peery, chief administration officer at FirstBank said on CoinDesk TV. He said that the “underlying deposit account is subject to FDIC insurance.” Source link … [Read more...] about FDIC Still Unclear if USDF Stablecoin Is FDIC-Insurable