Federal Reserve to Host October 21 Payment Conference, Stablecoins in Focus
The Federal Reserve Board will convene a conference on payment innovation October 21, 2025, with blockchain and AI technologies taking center stage. Fed Governor Christopher Waller emphasized the need to modernize payment systems to meet evolving demands, highlighting discussions on stablecoins, DeFi-traditional finance convergence, and AI-powered payment solutions.
The Fed's strategic pivot toward blockchain adoption continues gaining momentum. Recent actions include lifting restrictive crypto guidance for banks—a move aligning with broader institutional acceptance of digital assets. This conference marks another step in the central bank's deliberate engagement with disruptive financial technologies.