Compliance & Standards
The Fed - Payment Stablecoins and Cross Border Payments: Benefits and Implications for Monetary Policy Implementation (Jul 2025)
Analyzes how payment stablecoins could improve cross-border payments while altering bank deposits, reserves, and transmission channels relevant to Federal Reserve monetary policy implementation. Assesses benefits, risks, and policy implications in a US regulatory context.
Topics: stablecoins, cross-border, monetary policy, us