M^0 (M Zero) Stablecoin Issuing System Integrates With Crypto Custody Firm Fireblocks

The success of stablecoin issuers like Tether, whose USDT is the largest by market cap, and Circle, the no. 2, USDC, have focused attention on the industry and spawned a new crop of dollar-pegged tokens. These tokens are generally backed by yield-generating reserves, usually US Treasury bills.