Federal Reserve Board Member Waller: The Adoption of Stablecoins Will Amplify the Impact of Policy Federal Reserve
Svmuu News In a panel discussion at the 32nd Dubrovnik Economic Conference, Federal Reserve Governor Waller stated that the global adoption of stablecoins could amplify the influence of Federal Reserve policies. "For countries that adopt stablecoins, this is akin to a fixed exchange rate regime." "You will import U.S. monetary costs, so in countries where stablecoins are more widely used, it actually expands the reach of U.S. monetary policy." (Jin Shi)
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