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Standard Chartered-led venture Anchorpoint is planning a retail stablecoin on a public blockchain, but has not set a launch date, the South China Morning Post reports.
Why it mattersChief executive Dominic Maffei said the venture would not rush the product, noting that using a public blockchain for retail payments raises considerations that need to be addressed. That makes this an early signal, not a launch announcement: Anchorpoint is exploring how regulated digital money might reach everyday payments, while leaving the timing open.
Discuss: What should matter more for a retail stablecoin: a quick arrival, or clear safeguards before it reaches customers?
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