Federal Reserve Governor Milan: The widespread use of stablecoins could increase the risk of hitting the zero lower bound on interest rates
2025-11-07 20:28:44
Federal Reserve Governor Milan said that the widespread use of stablecoins may increase the risk of hitting the zero lower bound of interest rates, and the large-scale use of stablecoins may lower the neutral interest rate; the rise of stablecoins may promote the wider use of the dollar, driving up the value of the dollar and lowering the interest rate of the Federal Reserve.
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