Federal Reserve Board Member Christopher Waller emphasized that Bitcoin and stablecoins are leading the technological revolution in the US payments system. In recent statements, Waller described stablecoins as the most current example of innovative payment tools spearheaded by the private sector, noting that Bitcoin has become a crucial part of this transformation. He stated that we are in the midst of a "technology-driven payments revolution," highlighting that technologies from DeFi and the crypto world are now integrated into the mainstream financial system, and that the Fed aims to be an active participant in this revolution. This statement, combined with the stablecoin market exceeding $300 billion and the rise of tokenized assets, is seen as a significant signal officially acknowledging the potential of crypto assets to transform traditional payments. This softening of the Fed's approach, coupled with increased regulatory clarity (such as the GENIUS Act) and accelerated institutional integration, appears poised to shape the future of digital payments in the US.
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