Fed Governor Waller: Stablecoin Is Like a Synthetic Dollar That Will Solidify the Dollar as a Reserve Currency
Gold Finance reports that Federal Reserve Governor Waller gave a speech saying that stablecoin is like a kind of synthetic dollar, and if it can make payments faster and cheaper, I'm all for it. There is an urgent need to regulate stablecoins, and the sooner the better. The stablecoin would allow the dollar to further cement its position as a reserve currency.
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