Latin American regulators discuss where to hold USDT and USDC reserves
- —In the US, the debate is over who can issue stablecoins and how reserves are audited
- —In Latin America, the discussion is about which jurisdiction should hold USDT and USDC reserves
- —The topic was raised amid growing stablecoin use in the region
Why it matters: Reserve custody rules will determine whether local banks and exchanges can work with USDT and USDC without restrictions.
Source: Coinotag