• OCC banks can use stablecoins
    Brain Brooks has handed crypto another big regulatory win (Photo: OCC)
    Regulation

    In a ‘huge’ win, regulator says banks can make payments with stablecoins

    Circle’s Jeremy Allaire said the ruling by the Office of the Comptroller of the Currency ‘helps put the U.S. in a leadership position in embracing the power of public blockchains’

    January 6, 2021 /

    Allaire said Acting Comptroller of the Currency Brian Brooks’ latest move is “a HUGE way to start 2021, the year that crypto and stablecoins go mass market!” He added, "the significance of this can’t be understated.”

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