Canada’s Approach to Stablecoins Explained: Safety First, Innovation Second

Canada’s central bank says only tightly controlled stablecoins will be allowed in the country’s financial system.  Bank of Canada Governor Tiff Macklem said approved stablecoins must be pegged one-to-one to a central bank currency, such as the Canadian dollar, and fully backed by high-quality liquid assets. The ‘Good Money’ Mandate Those assets must be easy […] Read The Full Article Canada’s Approach to Stablecoins Explained: Safety First, Innovation Second On Coin Edition.