World Stablecoin Association Launches in Switzerland

Cointelegraph

Published Jul 23, 2020 01:00PM ET

Updated Jul 23, 2020 02:40PM ET

Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland.

Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain capital markets firm Global Digital Assets, or GDA Capital. The WSA announced this new to Cointelegraph on July 23.

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