💵 Fed Official: Stable coins Are BOOSTING Dollar Demand
A top Federal Reserve Governor just highlighted a major trend:
✅ Stable coins are increasing global demand for the U.S. dollar
✅They require issuers to hold more cash & U.S. Treasuries
✅This could influence interest rates & monetary policy
Why it matters:
Stable coins aren’t just crypto— they’re becoming a key pillar of global dollar liquidity and Treasury demand.
The Fed isn't just watching — they're connecting the dots between crypto and macro. 📊
#Stablecoins #USD #FederalReserve #Crypto #DeFi
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