Canada’s Central Bank Pushes For Strong Reserve Backing For Stablecoins
The Bank of Canada is pushing for stricter regulations on stablecoins, requiring full backing by high-quality liquid assets and a 1:1 peg with fiat currency.
HQLA
The Bank of Canada is pushing for stricter regulations on stablecoins, requiring full backing by high-quality liquid assets and a 1:1 peg with fiat currency.