US Regulators Approve Winklevoss Twins’ Fiat-Backed Stablecoin Gemini Dollar

US Regulators Approve Winklevoss Twins’ Fiat-Backed Stablecoin Gemini Dollar
New York regulators have given the green light to Tyler and Cameron Winklevoss’ first cryptocurrency, a stablecoin attached to their trading platform Gemini. Solving Stablecoin ‘Trust Problems’ As Forbes reports on September 10, the token, the Gemini Dollar, will have the backing of investment bank State Street, which takes custody of the fiat dollars it is backed by. Speaking to the publication, Tyler Winklevoss appeared to stress the level of trust the stablecoin will offer, basedRead MoreThe post US Regulators Approve Winklevoss Twins’ Fiat-Backed Stablecoin Gemini Dollar appeared first on Bitcoinist.com. For Further Information Click on Below Button
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