• With Cred partnership, PwC wants to help make stablecoins legit

    9 days ago - By Tech Crunch

    Audit giant PwC is the latest mainstream firm to show new interest in digital currencies. This week it announced a partnership with decentralized lending platform Cred to advise on better standards for stablecoins.
    While details of the partnership are light, Cred is working on its own stablecoin tied to the US dollar, and is hoping to avoid the mistakes of certain competitors by ensuring confidence in its operations from the ground up.
    PwC's overall interest here is to build broader trust so it can help millions of new users gain digital assets - and presumably create new revenue streams...
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