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485 Stablecoin Issuer Circle Examines 'Reversible' Transactions in Departure For Crypto

Slashdot
msmash @ Slashdot · today 12:42 EDT

Stablecoin Issuer Circle Examines 'Reversible' Transactions in Departure For Crypto

Circle, the world's second-biggest issuer of stablecoins, is examining ways to make it possible to reverse transactions involving its tokens [non-paywalled source], in a rare admission by a major crypto firm that it needs to take lessons from the traditional financial sector. Financial Times: Circle president Heath Tarbert said a mechanism that allowed money to be refunded in cases of fraud or disputes would help the stablecoin industry's push to become part of the financial mainstream. "We are thinking thr

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