Wisdomtree stablecoin is coming in 2020. The United States-based Wisdomtree Investments Inc. sponsors exchange-traded funds and manages assets close to forty billion dollars ($40B). Now, Wisdomtree stablecoin plans have taken the crypto industry by surprise. The entry of such traditional financial giants will undoubtedly help bring the virtual currencies into the mainstream. Wisdomtree stablecoin will be a non-volatile virtual currency approved by the Securities and Exchange Commission (SEC). It will be backed by many conventional assets such as fiat, gold, and more. Wisdomtree stablecoin faces competition before the launch Wisdomtree is a US financial giant with large exchange-traded fund solutions.
