Fed Governor Touts DeFi, Stablecoins, and RWA Tokenization in Pro-Crypto Speech
Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, “the payment system is experiencing what I have called a ‘technology-driven revolution’.”
He added that this includes instant payments, digital wallets, mobile payment apps, stablecoins, and other digital assets, and AI. He specifically cited stablecoins, or fiat-pegged crypto assets, as the driver of this fintech revolution.
“I believe that stablecoins have the potential to maintain and extend the role of the dollar internationally. Stablecoins also have the potential to improve retail and cross-border payments.”
Nothing Scary About DeFi
Waller emphasized that blockchain technology complements rather…
