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6 November
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The Hong Kong division of global accounting and consulting leading company PwC is involved in the exploration of stablecoin issuing practices in collaboration with the non-profit Loopring Foundation, according to a recent announcement of the company.

Study on stablecoins runs within the frameworks of PwC partnership in the U.S. to advise decentralized lending platform Cred, which is working on a development of U.S. dollar-tied coin.

Earlier it was reported that The PwC U.S. Blockchain and Cryptocurrency Leader, Grainne McNamara claimed that the company is interested in support a quickly developing asset class and its associated market infrastructure components.

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