Former Fed Nominee Stephen Moore Backs Fractional Reserve Stablecoin

https://ift.tt/eA8V8J

Stephen Moore, whose failed bid to join the Fed imploded within months, has a new plan to disrupt global finance: a fractional reserved-backed stablecoin.

via CoinDesk https://www.coindesk.com/former-fed-nominees-stablecoin-backed-by-fractional-reserve