World Stablecoin Association established in Switzerland to develop stablecoins
In Switzerland, the World Stablecoin Association (WSA) has been established to support existing stablecoins and help develop new stable cryptocurrencies. The association was founded by the VirgoX cryptocurrency exchange and the commercial bank Global Digital Assets (GDA Capital), which operates in the field of blockchain and digital assets. The WSA is headquartered in Geneva. VirgoX CEO Adam Cai said that it is planned to attract all major projects that have issued their own stablecoins to…