WisdomTree may launch regulated stablecoin

According to Financial News, international investment company WisdomTree is in the process of launching a regulated stablecoin in the digital currency space ahead of industry giants BlackRock and Fidelity Investments. WisdomTree wants the Securities and Exchange Commission (SEC) to approve and regulate the product. However, it is unclear whether WisdomTree has started any negotiations with financial regulators, nor has it provided any other information about the so-called upcoming stablecoin.