New York Federal Reserve: Permissionless blockchain performs better in terms of payment accessibility
2025-11-26 23:07:10
The analysis by the Federal Reserve Bank of New York points out that, despite similar functions, permissionless blockchains offer advantages that centralized instant payment systems cannot match in terms of payment convenience. This conclusion follows the passage of the GENIUS Act in July 2025, which provided clear guidance for the regulation of stablecoins.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
