logo

Fed Governor Waller: Stablecoins can boost overall demand for the dollar

By: odaily.com|2025/07/10 22:56:40

Odaily News Federal Reserve Governor Waller said on Thursday that stablecoins will increase competition in the payment system, which is a good thing. Waller said at an event at the Federal Reserve Bank of Dallas that the rise of stablecoins will make many types of payments cheaper and faster. As a free market capitalist economist, my goal is to reduce costs for households, consumers and businesses through competition in the payment space, Waller said. He also said that stablecoins may suppress demand for U.S. paper money but will enhance overall demand for the dollar.

Brazilian President: Will negotiate tariffs with the United States, if ineffective, will retaliate
Bitcoin remains close to $120,000, with the cryptocurrency market seeing a widespread increase.

You may also like

Share
copy

Gainers

Latest Crypto News

03:15

「Fed Whisperer」: Federal Reserve Chair nominee will meet with Trump this week, nomination may be announced before Christmas

03:15

In an Anthropic simulation test, AI Agents discovered a $4.6 million smart contract vulnerability.

03:15

The probability of "Bank of Japan 25-basis-point Rate Hike in December" on Polymarket has surged to 81%

03:15

Trump to Make Major Announcement Tomorrow at 3 AM

03:15

Japanese Government Supports Lowering Cryptocurrency Capital Gains Tax to 20%

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com