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DTCC Plans U.S. Dollar Stablecoin for Trade Settlements

6/13/2025

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Summary

Story summary

The Depository Trust & Clearing Corporation (DTCC) is considering a U.S. dollar-backed stablecoin for trade settlements.
Regulatory clarity from Congress is needed before the initiative can advance.
DTCC handles $2 quadrillion in securities transactions each year, guided by Nadine Chakar in digital asset strategy.
This initiative aligns with the increasing blockchain adoption among traditional financial institutions.

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Story summary

The Depository Trust & Clearing Corporation (DTCC) is considering a U.S. dollar-backed stablecoin for trade settlements.
Regulatory clarity from Congress is needed before the initiative can advance.
DTCC handles $2 quadrillion in securities transactions each year, guided by Nadine Chakar in digital asset strategy.
This initiative aligns with the increasing blockchain adoption among traditional financial institutions.