
Jeremy Hogan|Mar 08, 2025 03:21
The U.S. Office of the Comptroller just released an interpretive letter Explicitly allowing banks to use distributed ledgers/stablecoins for banking activities:
"We therefore conclude that a bank may validate, store, and record payments transactions by serving as a node on an INVN. Likewise, a bank may use INVNs and related stablecoins to carry out other permissible payment activities."
GREEN LIGHT!
https://occ.gov/topics/charters-and-licensing/interpretations-and-actions/2021/int1174.pdf
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