Fed's Waller Advocates for Stablecoins as a Pillar of Dollar's Reserve Status

In a significant development for the future of monetary policy and cryptocurrencies, Federal Reserve Governor Christopher Waller has expressed a strong endorsement for the potential role of stablecoins in upholding the US dollar's position as the world's primary reserve currency. Speaking at a recent conference, Waller outlined his perspective on how stablecoins could not only complement traditional financial systems but also reinforce the dollar's supremacy in global markets.

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