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stablecoin legislationCNBC
•Business
Business & Economics
83% Informative
Bank of New York Mellon will be the primary custodian for the Ripple 's U.S. dollar-pegged stablecoin reserves.
Partnership should enhance regulatory compliance for Ripple , the issuer of ripple USD ( RLUSD ) Stablecoins are cryptocurrencies whose values are pegged to that of another asset, usually the dollar.
Amazon and Walmart are reportedly exploring the possibility of using or issuing their own stablecoins.
VR Score
82
Informative language
82
Neutral language
51
Article tone
formal
Language
English
Language complexity
71
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
2
Source diversity
2
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