Stablecoins are quickly becoming the Kevin Warsh’s Fed’s next policy problem
Stablecoins have moved from a crypto-policy-side market to Kevin Warsh’s Federal Reserve’s dollar-policy agenda. Fed Governor Christopher Waller used the central bank’s June 22 dollar conference to frame digital assets, including stablecoins, as part of the research agenda around the dollar’s international role. The remarks were a research signal rather than a new stablecoin policy….