Fed's Miran Highlights Stablecoins' Potential to Lower Interest Rates
TL;DR
Governor Miran discusses the rise of stablecoins, their potential to influence U.S. monetary policy by increasing demand for dollar assets, and the implications of recent regulations like the GENIUS Act, highlighting stablecoins' role in global finance and potential long-term effects on interest rates and dollarization.
- Speech by Governor Miran on stablecoins and monetary policy Federal Reserve Board (.gov)
- Fed's Miran says stablecoin surge could help push interest rates lower CNBC
- Fed’s Miran Says Stablecoins to Put Downward Pressure on Rates Bloomberg.com
- Fed's Miran: Stablecoin adoption could put downward pressure on interest rates Reuters
- Fed Governor Miran calls stablecoins 'a force to be reckoned with' that could put downward pressure on interest rates theblock.co
Want the full story? Read the original reporting
Read on Federal Reserve Board (.gov)