DTCC exploring stablecoin issuance is a major TradFi shift. If legalized it could fast-track digital asset adoption in U.S markets

According to Odaily, insiders have revealed that the Depository Trust & Clearing Corporation (DTCC), a key player in the U.S. financial system, is exploring the issuance of a stablecoin. This initiative aims to accelerate the use of digital assets across various markets. Sources indicate that DTCC, responsible for clearing U.S. stock trades, will consider issuing a stablecoin if legislation in Washington legalizes the token.