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#我的Gate时刻 The Federal Reserve Board of Governors Waller: stablecoins can boost overall demand for the dollar
The Federal Reserve Board of Governors member Waller said on Thursday that stablecoins will enhance competition in the payment system, which is a good thing. Waller stated at an event at the Dallas Federal Reserve Bank that the rise of stablecoins will make many types of payments cheaper and faster. "As a free-market capitalist economist, my goal is to lower the costs for households, consumers, and businesses through competition in the payment space," Waller said. He also noted that stablecoins may dampen demand for U.S. paper currency but will enhance overall demand for the dollar. #gt pid#btc