In a recent speech at the US House of Representatives, Federal Reserve Chairman Jerome Powell touched upon the topic of stablecoins, stating that they are considered a form of currency. Powell emphasized that it would be an error to leave the Fed with a weak role in stablecoins, and also discussed the importance of having banks of different sizes in the system. The post Fed Chief Powell Weighs In: The Stablecoin Scoop appeared first on COINOTAG EN .
