【Federal Reserve Meeting Minutes: Stablecoins May Have Widespread Impact and Are Worth Close Attention】According to Golden Finance, the Federal Reserve released the minutes from the July meeting, which mentioned that many participants discussed recent and future developments related to payment stablecoins and their potential impact on the financial system. These participants noted that with the recent passage of the GENIUS Act (U.S. Stablecoin Innovation and Protection Act), the use of payment stablecoins may increase. They stated that payment stablecoins can help improve the efficiency of payment systems and also observed that such stablecoins may increase the demand for the underlying assets that support them, including U.S. Treasury securities. Additionally, the participants who expressed opinions were concerned that stablecoins might have broader implications for banks and the financial system, as well as for the implementation of monetary policy, and thus warrant close monitoring, including the oversight of various assets used to support stablecoins.