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Miran: A Global Stablecoin Glut: Implications for Monetary Policy
Thank you, I really appreciate the opportunity to speak to you today. I am excited to be discussing stablecoins. This innovation has been unfairly treated as a pariah by some, but stablecoins are now an established and fast-growing part of the financial landscape. Putatively, stablecoins were originally intended to facilitate holding and trading cryptocurrency. But their proliferation has been aided by providing users with a stable store of value, a means of payment, and the ability to move capital quickly, irrespective of territorial borders. Demand for dollars continues to be strong, so it's no surprise that a more ... (full story)
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Fed’s Miran Says Stablecoins to Put Downward Pressure on Rates
— zerohedge (@zerohedge) November 7, 2025
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Fed's Miran: The rise of stablecoins could drive even wider use of the dollar.
— FinancialJuice (@financialjuice) November 7, 2025
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