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Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant -Breaking

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An address PubliziertWednesday, Christopher J. Waller, Federal Reserve Governor, reiterated his doubts about the implementation of a digital currency (or CBDC) by a central bank in the United States. Waller doesn’t just doubt cryptocurrency. Innovative private sector payment solutions, especially stablecoinsAs such, CBDCs do not need to be used.

Check out the Market Capitalization for Top Stablecoins |Source: Treasury Report on Stablecoins, Nov. 2021