Stablecoins May be Accepted as Bail Bonds in New York; Crypto Growth Consistent in US

Stablecoins May be Accepted as Bail Bonds in New York; Crypto Growth Consistent in US

The New York state of the US is considering the implementation of stablecoins in its internal financial system. Regulators of the state have floated a proposal to let the residents pay and settle bail bonds in the form of stablecoins. This move has been proposed in accordance with New York’s…