Fed Governor Christopher Waller signaled strong support for digital assets, calling stablecoins a vital tool for sustaining the dollar’s international dominance.
Payments Enter a Technology-Driven Revolution
Speaking at the Wyoming Blockchain Symposium on August 20, 2025, Federal Reserve Governor Christopher Waller described the rapid transformation of payments as a “technology-driven revolution.” He drew parallels to earlier innovations such as credit cards and mobile payments, noting how private enterprise consistently led advancements while the Fed provided the infrastructure that made adoption possible.
Waller argued that stablecoins now represent the next chapter in this continuum, reshaping the way individuals and businesses transact globally.
Stablecoins as Digital Dollars
Once designed to shield traders from volatility, stablecoins have grown into widely used financial tools. With 24/7 availability, near-instant settlement, and unrestricted circulation, they
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