As per Bijié Wǎng, the U.S. Federal Money Service Business Association (FedMSB) has established the Stablecoin Standards Authority (SSA), an independent body aimed at setting technical, governance, and transparency benchmarks for dollar-denominated stablecoins. The SSA will develop voluntary best practices in five core areas, including technical standards and reserve reporting, and will support the creation of the AmCoinX index to track stablecoin market behavior. FedMSB Chair Van Yang stated the initiative aims to build an evidence-based foundation to support innovation while maintaining market integrity and public trust.
FedMSB Launches Stablecoin Standards Authority (SSA)
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