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The Federal Reserve is trying to figure out how to keep ... giving people money they can access on their phone and bypassing electronic payments that can be slow and costly for businesses.
(Reuters) - Federal Reserve Governor Christopher Waller said on Friday that stablecoins are a good thing for the U.S. payments system, but he doubts the financial system can support a large number ...
a crucial requirement for directly interacting with the Fed’s payment system. The move targets what many in the crypto ...
Federal Reserve Governor Christopher Waller said on Friday that stablecoins are a good thing for the nation’s payment system, but he doubts the financial system can support a large number of ...
On Oct. 18, Federal Reserve Bank Governor Christopher ... could benefit the current financial system. “Stablecoins can reduce the need for payment intermediaries and thereby reduce costs of ...