Regulated Asset Manager to Launch Stablecoin similar to Libra. Tezos (XTZ), DOGE, ALGO, Veritaseum

Looking at some developing trends including the regulated asset manager and ETF provider WisomeTree’s recent revelations that it is mulling over the creation of a stable coin that would be backed by a basket of assets. This is a very similar structure to ETF’s and is almost identical to what Facebook’s Libra project intended to do. No blowback yet for WisdomTree though, as they are already part of the club.

Also, China continues to move forward with the development and release of its Digital Yuan, forcing governments around the world (including the US) to seriously get on the ball in adopting blockchain technology.

Articles Covered:
WisdomTree: https://www.coindesk.com/wisdomtree-mulls-new-stablecoin-as-us-money-manager-drives-toward-crypto
https://www.theblockcrypto.com/linked/52316/wisdomtree-leads-17-6-million-funding-round-for-security-token-startup
https://cointelegraph.com/news/wisdomtree-grows-a-stablecoin-today-to-nurture-a-crypto-etf-tomorrow
Oaklahoma Crypto Bill: https://cointelegraph.com/news/oklahoma-senator-working-on-bill-for-state-backed-blockchain-institution
Crypto Mom: https://cointelegraph.com/news/secs-cryptomom-wants-us-to-learn-from-chinese-digital-innovation
China’s CBDC: https://cointelegraph.com/news/chinas-central-bank-completes-top-later-design-and-joint-tests-of-planned-cbdc

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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

Regulated Asset Manager to Launch Stablecoin similar to Libra. Tezos (XTZ), DOGE, ALGO, Veritaseum

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