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Federal Reserve Board Member Waller: Stablecoins will expand the reach of U.S. monetary policy

2026-05-31 14:11:13

Golden Finance reports that on May 31, Federal Reserve Board Member Waller stated that the widespread adoption of stablecoins globally could amplify the influence of U.S. central bank policies. "For countries that adopt stablecoins, it's like a fixed exchange rate system," Waller said at an event in Dubrovnik, Croatia, on Sunday. "You will be inputting the cost of U.S. currency, so in countries that use stablecoins more, it effectively expands the reach of U.S. monetary policy."

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