Several leading companies from the traditional finance sector have come together to launch the Global Dollar Network, an innovative and regulation-compliant network aimed at speeding up the adoption of stablecoins. This collaboration brings together major players from various industries to create a platform that not only supports stablecoins but also ensures compliance with relevant regulations.
The initiative aims to promote the use of stablecoins and create a more accessible and efficient financial system for all users. By working together, these companies hope to drive the widespread adoption of stablecoins and revolutionize the way people conduct financial transactions.