In accordance with 36 Crypto, the U.S. Commodity Futures Trading Commission (CFTC) has launched a new initiative to modernize financial markets through stablecoins and tokenized collateral. The project involves major players like Ripple, Tether, Coinbase, Circle, and Crypto.com, aiming to reduce transaction costs and improve market efficiency. CFTC Chair Caroline Pham described the initiative as a 'killer app' for U.S. economic growth. The collaboration brings together key industry leaders, including Ripple CEO Brad Garlinghouse and Tether’s Paolo Ardoino, signaling a unified effort to shape the future of digital assets and finance.
CFTC Launches Stablecoin and Tokenized Collateral Initiative with Ripple, Tether, Coinbase
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