Federal Reserve Governor Waller: Urgent need for regulation of stablecoins as soon as possible

On February 7th, Federal Reserve Governor Waller stated that stablecoins are like a synthetic dollar, and he agrees with the idea of making payments faster and cheaper. Urgent need to regulate stablecoins, the sooner the better. Stablecoins will further consolidate the position of the US dollar as a reserve currency.

Scan code to share
www.ecbnnews.com