The head of the ITAú digital assets department, Guto Antunes, said that now the bank is evaluating the potential benefit from the launch of stablecoin and the implementation of the plan. Last year, the bank has already allowed users of its investment platform íon to trade in bitcoin and ether.
Antonese said that the bank observes the development of the stabilcoins market in the United States, where many financial companies use tokens to make payments and calculations, and the administration of the American president Donald Trump pays attention to the regulation of stablecoins. Recently, the Committee of the House of Representatives of the United States approved the bill on the transparency of stablecoins.
Before launching steablecoin, itaó will wait for the opinions of the Central Bank of Brazil, Antonese added. He also expressed concern about the prohibition proposed by the Central Bank for the independent storage of stablecoins.
“Stebblecoins are always on the agenda of itaú. We cannot ignore the potential of blockchain for atomic calculations, ”said Antonese.
Recently, the Brazilian National Monetary Council (CMN) forbade closed pension funds to invest in cryptocurrencies due to high volatility of coins. At the same time, in March, a bill was submitted to the National Congress of Brazil, allowing to pay salaries in bitcoins.
Source: Bits
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