ChainCatcher news, according to the meeting minutes, the recent Federal Reserve meeting minutes mentioned 'stablecoins' eight times, noting that many participants discussed recent and future developments related to payment stablecoins and their potential impact on the financial system. These participants pointed out that with the recent passage of the 'GENIUS Act' (the 'U.S. Stablecoin Monetary and National Innovation Act'), the use of payment stablecoins may increase.

Payment stablecoins help improve the efficiency of payment systems, and it has also been observed that such stablecoins may increase the demand for the underlying assets that support them (including U.S. Treasury bonds). (Jin Shi)