Federal Reserve Governor Wall stated that the extensive use of stablecoins could potentially reduce the neutral interest rate. He emphasized that stablecoins might influence monetary policy dynamics. Wall noted that as stablecoins gain popularity, they could alter the demand for traditional banking services. This shift may lead to changes in how the Federal Reserve approaches interest rate adjustments. He highlighted the importance of monitoring stablecoin adoption and its implications for the broader financial system.
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Last updated on November 8th, 2025 at 12:17 am
