EWS considers entering the crypto field and exploring the development of its own stablecoins

According to BlockBeats, on September 15, according to Crowdfundinsider, Early Warning Services (EWS), the banking alliance behind US transfer platform Zelle, is considering entering the cryptocurrency field and exploring the development of its own stablecoins. Sources revealed that EWS is actively researching the creation and issuance of stablecoin infrastructure for everyday banking consumers, which is still in its infancy, but may make EWS a key player in digital currency adoption by U.S. retail banking customers. EWS is backed by major financial institutions such as Bank of America, JPMorgan Chase, Wells Fargo and PNC, and competes with platforms such as Venmo and CashApp through the Zelle platform.