Zelle's parent company Early Warning Services considers launching stablecoin

Odaily Planet Daily News: Early Warning Services (EWS), the parent company of the US transfer platform Zelle, is studying entering the field of cryptocurrencies to explore the development of stablecoins for everyday banking consumers. The project is still in its initial stages, and if promoted, EWS may become an important promoter of digital currency adoption by US retail banking customers. EWS is backed by major financial institutions such as Bank of America, JPMorgan Chase, Wells Fargo and PNC, and Zelle has processed more than $1 trillion in transactions in 2023. (Crowdfundinsider)