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What the Fed's New Inflation Policy Means for Stablecoins

Stablecoins, which have been on a pandemic tear, have the potential to soak up deposits currently held by banks, where they offer little or no interest.

Updated Sep 14, 2021, 9:50 a.m. Published Aug 31, 2020, 8:28 p.m.
Federal Reserve Chairman Jerome Powell
Federal Reserve Chairman Jerome Powell