Fed’s Miran: Stablecoins Are ‘Transformational’ for Emerging Markets

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Federal Reserve Governor Stephen Miran described stablecoins as innovative tools that could provide users in jurisdictions with limited access to dollar assets. Miran estimates stablecoins could help satisfy about $3 trillion of foreign demand for dollar assets in the coming years. Fed’s Miran: Stablecoins Might Prop up Demand for Dollar Assets Globally The Facts Stephen […]