Federal Reserve Signals Openness to Crypto Payments ๐๐ต
At the Wyoming Blockchain Symposium 2025, Fed Governor Christopher Waller urged policymakers and banks not to fear crypto payments, comparing DeFi transactions to simple debit card purchases.
Key takeaways:
๐๏ธ The Fed has withdrawn its 2022 anti-crypto guidance and ended its special supervision program for โnovel activities.โ
๐ก Waller pushed for integration of smart contracts, tokenization, and distributed ledgers into daily payments.
๐ Stablecoins are seen as critical to strengthening the U.S. dollarโs global role, especially with the new Stablecoin Innovation Act in play.
๐ฎ With Waller positioned as a top candidate to succeed Jerome Powell in 2026, his pro-crypto stance could shape the Fedโs future policies.
The stablecoin market sits at $280B today and could hit $2T by 2028, with USDT and USDC leading the charge.
๐ Do you think the U.S. dollarโs dominance will be secured through stablecoin adoption, or will decentralized alternatives take the lead?
