According to PANews, ZA Bank, a virtual bank based in Hong Kong, has announced its plans to offer exclusive banking services to stablecoin issuers. This move is aimed at providing ultimate security for their fiat currency reserves. This announcement makes ZA Bank the first to extend such services to stablecoin issuers. The bank's initiative is expected to enhance the safety and security of fiat reserves held by these issuers. Further details about the services and their implementation are yet to be disclosed.
