Rapid growth in digital dollar stablecoins has led to increased interest from traditional fintechs, banks and financial institutions in supporting digital currency. In recent weeks, Acting Head of the OCC at the US Treasury Department, Brian Brooks, issued guidance to national banks that they can custody crypto assets on behalf of customers, leading banks around the country to explore how they can leverage the benefits of this breakthrough technology.
All of this is part of a broader and rapid shift in the dialogue around digital dollars, the role of cryptocurrency and public blockchain networks, and how this technology transformation can be leveraged in the US and global financial system.
This coming week on the Money Movement we are honoured to host Comptroller Brooks, the leading regulator of banks in the United States, for a discussion on digital dollar stablecoins and their role in the US financial system.
Watch live on YouTube Thursday, August 13 at 12:30pm EDT, and be sure to subscribe on Apple Podcasts, Spotify and YouTube.
The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.
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