The Federal Reserve will hold a meeting on October 21 to discuss stablecoins and tokenized financial products

BlockBeats News, September 4th: The Federal Reserve Board of Governors in the U.S. has scheduled a meeting to discuss topics related to payments, including stablecoins and tokenization.

In its announcement on Wednesday, the Fed stated that the meeting on October 21st will cover "emerging stablecoin use cases and business models" as well as "the tokenization of financial products and services," as part of the ongoing efforts to innovate the U.S. payment system. While this statement was issued on behalf of the entire Federal Reserve Board, the comments were attributed to Fed Governor Christopher Waller rather than Fed Chair Jerome Powell.

Waller stated: "The payments landscape is always evolving to meet the changing needs of consumers and businesses. I look forward to discussing the opportunities and challenges brought by new technologies, gathering ideas on how to enhance payment security and efficiency, and hearing from those shaping the future of payments."