The USDF Consortium has a new CEO.
The group, created in January to build a bank network to mint and use stablecoins, said in a press release Wednesday that it had hired Rob Morgan to fill the post.
Morgan previously served as senior vice president of innovation and strategy at the American Bankers Association. He built and led the association’s office of innovation.
The group’s membersinclude New York Community Bancorp, FirstBank, National Bank Holdings, Synovus Financial, Webster Financial, ConnectOne Bancorp, Amerant Bancorp, Primis Financial and Atlantic Union Bankshares.