World Stablecoin Association (WSA)The WSA, with headquarters in Geneva, Switzerland, its plan to Cointelegraph on the 23rd July. Aiming to unite all stablecoins globally, Adam Cai of VirgoX said the WSA is currently making deals with some major stablecoin providers. These providers include USD Coin (USDC), HUSD, Tether (UDST), and Dai (DAI).
“It should not be only trading pairs but also global payment and cross-border remittance.”
Some of the stablecoin projects that are part of the association include Brazilian Digital Token (BRZ), CBRL, Peg Network, QCAD, Stably, USDK, and Quickcash. Cai said the stablecoin projects will engage in virtual seminars that will hold monthly. He added that the involved stablecoin projects will also take part in the annual conferences that would hold in Switzerland. During the seminars and conferences, the stablecoin projects will debate on ways to develop stablecoins and also debate on opportunities with other stablecoins.
Image Credits: Pixabay
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