Fed’s Waller Says Stablecoins Could Extend Reach of U.S. Monetary Policy

Stablecoin Demand May Soon Fade, BoE's Greene Says

The popularity of stablecoins could soon fade, replaced by tokenised deposits, or digital versions of traditional bank deposits, Bank of England policymaker Megan Greene said on Sunday, even as some colleagues took a different view. Stablecoins, which are crypto assets designed to maintain a stable value, have grown in popularity in recent years and a further rise is still expected by some after issuance levelled off in recent months. “I think t…

Fed’s Waller says stablecoins could extend reach of U.S. monetary policy

Dollar-backed stablecoins may extend U.S. monetary policy reach, Fed Gov.

Fed’s Waller Says Stablecoins to Broaden Reach of US Policy

Federal Reserve Governor Christopher Waller said the spread of stablecoins around the world could amplify the influence of US central-bank policy.

US and UK central bankers diverge on stablecoin regulation

Federal Reserve Governor Christopher Waller signaled that the rising use of dollar-backed stablecoins could extend the United States’ monetary influence, potentially importing US monetary conditions into other economies as these tokens gain traction globally. Speaking at the 32nd Dubrovnik Economics Conference, Waller framed stablecoins as a payment instrument rather than a threat, suggesting they intensify competition in the payments space rath…

US, UK Central Bankers Offer Contrary Views on Stablecoins

US Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins can expand the reach of US policy while the Bank of England's Megan Greene sees their popularity soon fading.

Fed Governor Waller Says Stablecoins Could Expand U.S. Monetary Influence as CLARITY Act Gains Momentum

Federal Reserve Governor Christopher Waller has once again expressed support for stablecoins, highlighting their potential role in extending the reach of U.S. monetary policy across the globe. Speaking at an event in Croatia, Waller compared the growing adoption of dollar-backed stablecoins to a fixed exchange-rate system, suggesting that countries embracing these digital assets could effectively import U.S. monetary conditions. According to Wal…