Canada Opens Stablecoin Consultation, Keeps Ban on Holding-Based Yield

4 outlets reporting

Your call?🐂 Bullish🐻 Bearish

1:1

reserve requirement

$USDT

$182.26B mcap

$USDC

$71.01B mcap

The proposal would require covered issuers to hold at least 1:1 reserves and set a three-business-day redemption deadline, with daily limits allowed during market-liquidity shortfalls.