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Evgeny🍖
@gagash
US Department of Housing considers crypto and blockchain usage: ProPublica The U.S. Department of Housing and Urban Development is considering adopting cryptocurrency and blockchain in some of its operations, ProPublica reported, citing sources familiar with the matter. The HUD has held meetings to discuss the possibility of using blockchain to monitor HUD grants, according to ProPublica's Friday report. Two officials, who requested anonymity, told the publication that such an experiment may serve as a trial run for crypto adoption across the federal government. The report said that the HUD discussions also covered the potential use of a stablecoin, but it didn't provide more details on which stablecoin or blockchain was being discussed. One potential proposal could be paying HUD grantees in crypto, some sources indicated to ProPublica, though a HUD spokesperson said the department has no plans for blockchain or stablecoin. https://www.theblock.co/post/345398/us-department-housing-crypto-blockchain
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