Silvergate Capital Delays Plans to Launch Its Own US Dollar-Pegged Stablecoin

Silvergate Capital Delays Plans to Launch Its Own US Dollar-Pegged Stablecoin

Silvergate Capital, a crypto bank holding company, has decided to delay the launch of its long-awaited stablecoin, CEO Alan Lane said during the company’s third-quarter earnings call on Tuesday. California-based Silvergate Capital, the parent of Silvergate Bank, announced it was working on its own payments-focused stablecoin in January after acquiring…