OK Group’s Partnership With US Trust Firm, Plan to Launch Stablecoin

Star Xu — founder of exchange services provider OKCoin and the world’s 6th largest crypto exchange OKEx — has announced OK Group’s partnership with blockchain-focused trust company Prime Trust, prospectively allowing the firm to launch its own compliant stablecoin. The news was revealed in a tweet from Star Xu on March 28, retweeting an earlier March 27 tweet from Prime Trust announcing the partnership.…