Fed's Waller Backs Stablecoin Adoption, Calls For 'Right-Sized' Regulation

2025-09-29 10:13:27

(MENAFN- AsiaNet News)

Federal Reserve Governor Christopher Waller on Monday voiced strong support for stablecoins, emphasizing their potential to improve efficiency in payments while calling for“right-sized” regulation to ensure safety and stability.

“If stablecoins present a lower cost alternative to consumers and businesses, I am all for it,” Waller said.“Stablecoins are simply another choice available to consumers and businesses,” he added, noting that stablecoins should coexist with cash, bank deposits, and other electronic money forms, provided they meet standards for safety and transparency.

Speaking at the Silos conference, Waller highlighted two models he believes could guide the adoption of stablecoins in the U.S. financial system.

Get updates to this developing story <directly on Stocktwits.

Read also: Why Cleveland Fed's Beth Hammack Remains Worried About Inflation: 'I'm Seeing It In The Services'

For updates and corrections, email newsroom[at]stocktwits[dot]com.

MENAFN29092025007385015968ID1110125346

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.