Financial technology company Figure Technologies is seeking approval from US regulators to introduce an interest-bearing stablecoin. Founded by former SoFi Technologies CEO Mike Cagney, if successful, Figure will become the first company to offer a stablecoin regulated as a security within the United States, Bloomberg reported Monday. In October, Figure filed a draft registration statement The post Blockchain Startup Figure Technologies Seeks US Regulatory Approval for Interest-Bearing Stablecoin appeared first on Cryptonews .
