State Street Reportedly Investigating the Development of a Stablecoin and Deposit Token

### State Street Explores Creation of Stablecoin, Deposit Token State Street, one of the world’s leading financial services providers, is reportedly investigating the potential of launching its own stablecoin and deposit token, as per Bloomberg reports. This move underscores the traditional financial institutions’ growing interest in the burgeoning crypto and digital asset space. A stablecoin,

Source: CoinOtag