CME plans stablecoin issuance. CEO unconvinced re perpetuals for hedging
During the February CME earnings call, CEO Terry Duffy mentioned the possibility of the CME creating its own coin, likely a stablecoin.
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COO Suzanne Sprague says CME is engaging vendors and regulators on a stablecoin to complement Google Cloud Universal Ledger tokenized-cash margining, even as CEO Terry Duffy pursues a lawsuit contending perpetuals are Dodd-Frank swaps.
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