U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as decentralized finance (DeFi) catches on. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as decentralized finance (DeFi) catches on.

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Jesse Hamilton February 16, 2024 at 02:20AM https://ift.tt/okqacQD CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data