Federal Reserve Vice Chairman of Supervision: Stablecoins will not threaten status of the dollar. CBDC should be viewed from a critical perspective
Date: Jul 01 2021
1888PressRelease – Stablecoins will not threaten the status of the US dollar. Randal K. Quarles believes that the potential benefits of USD CBDC are unclear, but it may bring significant and specific risks.
Randal K. Quarles, Vice Chairman of Fed Regulation, believes that the potential benefits of USD CBDC are unclear, but it may bring significant and specific risks.
I have recently been reflecting on …