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New
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🚨 Fed Governor Christopher Waller: “DeFi & stablecoins are nothing to fear.”
📌 Speaking at the Wyoming Blockchain Symposium, Waller compared buying memecoins with stablecoins to using a debit card for groceries — same process, new tech. He urged policymakers & banks to embrace smart contracts, tokenization, and distributed ledgers as part of the future US payment system.
💡 Waller praised the GENIUS Act as a milestone for stablecoin adoption, arguing it could help the USD remain dominant globally, especially in high-inflation regions. With the stablecoin market projected to hit $2T by 2028, Waller’s pro-crypto stance may gain influence as he’s tipped to succeed Jerome Powell in 2026.
#DeFi Stablecoin #Crypto