Federal Reserve's Musalem stated that stablecoins could become an important part of payments, which sends a key signal: the past cautious attitude is shifting towards realistic acceptance.
The Federal Reserve has previously held a reserved stance on stablecoins, concerned about financial stability, regulatory gaps, and challenges to the dollar's status. Now, the recognition of their payment potential indicates that regulatory thinking is shifting from 'prevention' to 'regulation'.
Will this potential good news drive the price of Bitcoin up again?
