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21 October 2019

Arizona to Test Marijuana-Oriented Stablecoin in State Fintech Sandbox

Arizona to Test Marijuana-Oriented Stablecoin in State Fintech Sandbox


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Arizona to Test Marijuana-Oriented Stablecoin in State Fintech Sandbox.

The state of Arizona has accepted a blockchain-based, cannabis industry-oriented payments solution into its fintech sandbox.

The Arizona-based financial services startup intends to offer a stablecoin that is pegged 1:1 with the United States dollar. .

Other crypto business and state governments have tried to bridge the gap between the cannabis and financial services industries.

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