This Taiwanese Fintech is Building Dollar Liquidity Pipes with USDC, DAI and Tether

This Taiwanese Fintech is Building Dollar Liquidity Pipes with USDC, DAI and Tether
Taiwan’s financial sector is known for its conservative outlook, and rich pools of foreign reserves — the fifth largest in the world coming in at $546 billion for a country of 24 million. But because of the industry’s conservative outlook and strict regulatory environment, it isn’t considered a regional financial hub, as are its neighbors Hong Kong and Singapore. The island is better known for its technology manufacturing giants like Taiwan Semiconductor Manufacturing Company (TSMC). Taiwan’s government is aware of this and wants to change it. A pillar of Taiwanese President Tsai Ing-wen’s 2017 election campaign was the “New Southbound…