The Digital Chamber Announces Strategic Partnership with Stablecoin Standard
Washington, D.C., November 26, 2024 – The Digital Chamber, the leading advocate for blockchain technology and digital assets, is excited to announce its strategic partnership with Stablecoin Standard, an organisation renowned for its international leadership in promoting transparency, stability, and innovation in the stablecoin ecosystem. This partnership promotes joint efforts to shape a robust regulatory framework for stablecoins and enhance their adoption across global financial systems.
The partnership between The Digital Chamber and Stablecoin Standard will focus on several key areas
Amplifying the Stablecoin Standard’s best practices and frameworks for stablecoin issuance and management.
Engaging with policymakers in the U.S. and abroad to create a balanced regulatory environment.
Educating global stakeholders on the benefits and risks associated with stablecoin use.
Cody Carbone, President of The Digital Chamber, expressed his enthusiasm about the collaboration:
"Stablecoins are inherently global, and to drive worldwide adoption of payment stablecoins, we need partners with a deep understanding of international markets. Stablecoin Standard’s proven excellence in navigating complex regulatory landscapes abroad is an invaluable asset. Together, we can ensure that USD-backed stablecoins thrive not just in the U.S. but across global financial systems, bringing stability and efficiency to cross-border transactions."
Stablecoin Standard's leadership also highlighted the importance of this partnership in driving forward-thinking solutions for the stablecoin industry.
“Stablecoin Standard is thrilled to announce this partnership as we advance our mission to promote responsible innovation. Our collaboration with the Digital Chamber, including active participation in the Stablecoin Working Group, marks a strategic step toward building a resilient and transparent global stablecoin market." - Beth Haddock, Global Policy Lead for Stablecoin Standard.
This collaboration underscores The Digital Chamber's commitment to advancing blockchain technology and digital asset innovation, providing a platform for dialogue between the private sector and regulators.
For more information about The Digital Chamber and its initiatives, please visit www.digitalchamber.org.
About The Digital Chamber
The Digital Chamber is a non-profit trade organisation committed to promoting blockchain adoption. We envision a fair and inclusive digital and financial ecosystem where everyone has the opportunity to participate. Through targeted education, advocacy, and strategic collaborations with government and industry stakeholders, we drive innovation and shape policies that create a favourable environment for the blockchain technology ecosystem.
About Stablecoin Standard
Stablecoin Standard the industry body for stablecoin issuers globally, focused on real world applications for stablecoins. We share international best practices, business development use cases, industry led working groups, define what a high-quality liquid stablecoin should look like, and engage with policymakers domestically & internationally.
You can follow Stablecoin Standard on LinkedIn and X and to learn more, please visit: https://stablecoinstandard.com/