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Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair Though Randal Quarles said there was…
Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair
Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.S. dollar-pegged coin could help provide support for its fiat counterpart.