State Street eyes creation of its own stablecoin and deposit token: Report

State Street Corp. is exploring blockchain-based payment settlement options, including the creation of its own stablecoin and deposit token, as reported by Bloomberg. A person familiar with the matter told the report that the Boston-based asset manager is also evaluating joining digital-cash consortium efforts and examining settlement options through its investment in Fnality, a blockchain... source: https://cryptobriefing.com/state-street-blockchain-exploration/