Rain seeks a national trust bank charter to bypass third-party banks
- Stablecoin payments company Rain proposes establishing a trust bank in New York.
- The bank would custody digital assets and dollars and manage stablecoin reserves.
- It would also issue and redeem dollar-backed tokens.
#BinanceSquare #CryptoNews #Rain #Stablecoin #TrustBank
$btc $eth
vlikevn Titanbot
Source: CoinDesk
- Stablecoin payments company Rain proposes establishing a trust bank in New York.
- The bank would custody digital assets and dollars and manage stablecoin reserves.
- It would also issue and redeem dollar-backed tokens.
#BinanceSquare #CryptoNews #Rain #Stablecoin #TrustBank
$btc $eth
vlikevn Titanbot
Source: CoinDesk