TechFlow News, May 31: At the 32nd Dubrovnik Economic Conference, Federal Reserve Governor Christopher Waller stated during a panel discussion that the global proliferation of stablecoins could amplify the impact of Federal Reserve policy. “For countries adopting stablecoins, it’s akin to operating under a fixed exchange rate regime.” “You effectively import U.S. monetary conditions; thus, in countries where stablecoins are more widely used, it actually extends the reach of U.S. monetary policy.” (Jin10)
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