Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.S. dollar-pegged coin could help provide support for its fiat counterpart.
Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair
Comment
Recommend Reading
- 2021-06-29
Germanyâs financial watchdog approves crypto custody license for Coinbase
- 2021-06-29
Germanyâs financial watchdog approves crypto custody license for Coinbase
- 2021-06-29
New York Fed president says crypto poses challenging questions for central banks
- 2021-06-29
New York Fed president says crypto poses challenging questions for central banks
- 2021-06-29
Iranian trade ministry issues 30 crypto mining licenses
- 2021-06-29
Iranian trade ministry issues 30 crypto mining licenses