foreign-cbdcs-and-stablecoins-unlikely-to-threaten-us-dollar,-says-fed-vice-chair

Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair

Though Randal Quarles said there was a “legitimate and strong regulatory interest in how stablecoins are constructed and managed,” a U.S. dollar-pegged coin could help provide support for its fiat counterpart.