Zelle owner Early Warning Services exploring stablecoin for retail bank customers

Early Warning Services, the company behind the Zelle payments network, plans to explore issuing its own stablecoin for retail bank customers in the coming weeks, according to people familiar with the matter. Still in its early days, the plan would focus on the infrastructure to create and issue a stablecoin aimed at retail bank customers. A stablecoin is a crypto asset that, unlike bitcoin, isn’t supposed to fluctuate. Instead, it has a price pegged to other assets, most commonly the US dollar. Read more ...