Federal Reserve to Host Stablecoin and DeFi-Focused Conference Amid Regulatory Progress
The US Federal Reserve will convene a payments innovation conference on October 21, focusing on stablecoins, decentralized finance (DeFi) payments, and tokenization. The event aims to explore improvements to payment systems while addressing challenges in crypto payments.
Governor Christopher J. Waller emphasized the need to examine new technologies for enhancing payment safety and efficiency. Stakeholders will discuss stablecoin applications, AI's role in payments, and the tokenization of financial services.