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

07:15

BlackRock: Tokenization is evolving at a pace comparable to the early Internet, poised for significant growth

07:15

Whale "pension-usdt.eth" yesterday saw its ETH long position fall below the average price, with a position size reaching $56 million.

07:15

Dark Pool DEX HumidiFi to Launch ICO, Leading in Trading Volume Among Solana Ecosystem DEXs

07:15

「Bankrupt」 trader James Wynn opened a new 40x leverage BTC long position. Last week, he predicted that BTC would drop to $67,000 within the week.

07:15

DeFi protocol Zoo Finance has announced the completion of an $8 million strategic fundraising round.

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]