<ul><li>The U.S. Department of Housing and Urban Development (HUD) is considering the integration of blockchain and stablecoins to enhance its operations, particularly in tracking grant disbursements.</li><li>HUD officials are discussing the possibility of a pilot program where grantees would receive payments in stablecoins.</li><li>While some officials have raised concerns about the potential risks and volatility associated with stablecoins, others see the technology as a way to streamline processes and ensure transparency.</li><li>In broader efforts towards blockchain adoption, the U.S. Office of the Comptroller of the Currency (OCC) has relaxed restrictions on crypto banking, allowing national banks to engage in crypto custody and stablecoin activities without prior approval.</li></ul>

HUD Explores Blockchain & Stablecoins For Grant Payments

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