US, UK Central Bankers Offer Contrary Views on Stablecoins

Cointelegraph Staff

(09:11 PM UTC)

1 min read

US Federal Reserve Governor Christopher Waller said Sunday that the growing use of dollar-backed stablecoins could bolster the global influence of US monetary policy.

Waller told participants at the 32nd Dubrovnik Economics Conference that countries that increasingly rely on stablecoins backed by the US dollar may effectively import US monetary conditions, Bloomberg News reported Sunday.

“I've…

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