Fed’s Miran says stablecoin surge could help push interest rates lower

Fed’s Miran says stablecoin surge could help push interest rates lower


Key Points
  • Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower.
  • “Stablecoins may become a multitrillion-dollar elephant in the room for central bankers,” Miran said during a speech in New York.



Source

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