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

16:45

A whale has deposited 1.01 million USDC into Hyperliquid to leverage 10x long on HOOD.

16:45

Trump to Announce Plan to Roll Back Car Fuel Efficiency Rules

16:15

Jupiter Releases HumidiFi Token WET ICO Guidelines

16:15

The cryptocurrency mining company supported by the Trump family saw its stock price "halved" in 30 minutes.

15:45

Deutsche Bank: If the next Fed Chair fails to effectively address inflation risks, the US Dollar may face downward pressure

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]