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CoinGape 2024-01-23 13:17:51

Crypto Firm Figure Seeks SEC Nod For Interest-Bearing Stablecoins

Blockchain and lending startup Figure Technologies Inc., led by former SoFi Technologies Inc. CEO Mike Cagney, is aiming for approval from the U.S. SEC to launch interest-bearing stablecoins. Figure Introduces Interest-Bearing Stablecoins This unconventional move seeks to establish a new category of stablecoins with federal legitimacy. If successful, Figure will introduce the first stablecoin regulated The post Crypto Firm Figure Seeks SEC Nod For Interest-Bearing Stablecoins appeared first on CoinGape .

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