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Fed's Musalem: Important stablecoins remain payments instrument, not savings instrument
Fed's Musalem: It's important that stablecoins remain a payments instrument, not a savings instrument.
— FinancialJuice (@financialjuice) September 22, 2025
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ST LOUIS FED'S MUSALEM Q&A/BROOKINGS: AS GENIUS ACT SPECIFIES, IMPORTANT THAT STABLECOIN NOT BECOME SAVINGS INSTRUMENT BY PAYING INTEREST; WOULD HAVE IMPLICATIONS FOR STABILITY #Musalem #FederalReserve # #stablecoin
— Mace News (@MaceNewsMacro) September 22, 2025
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