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Monfi Bank Launches Monfi USD (MUSD), the Only Regulated Bank-issued Stablecoin
Source: globenewswire.com
FintechCrypto & Digital AssetsBanking & LiquidityProduct LaunchesRegulation & Legislation
Monfi Digital Bank, headquartered in Malaysia, says it has launched a regulated, bank-issued USD stablecoin. The bank states that the coin’s reserves are held under the same supervisory framework as its deposits; the article provides no launch scale or market reaction.
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