In case you’re curious why this might make sense: older HN thread/post on why you’d issue a custom stablecoin: https://news.ycombinator.com/item?id=45237035
Readit Newskrrishd commented on Klarna to launch dollar-backed stablecoin as race in digital payments heats up reuters.com/business/fina... · Posted by u/krrishd
Previous HN thread / article re: _why_ you'd issue your own stablecoin: https://news.ycombinator.com/item?id=45237035
TL;DR in this announcement seems to match: more control over rewards/yield (both in entitlement _to_it, and in the ability to customize the portfolio that generates it).