Federal Reserve Governor Stephen Miran in a speech in November detailed how he believes that stablecoins might help lead America’s financial “reboot,” which may lower interest rates.
Miran spoke at the BCVC Summit 2025, at the Harvard Club of New York City about the “global stablecoin glut” and its implications for monetary policy. He is the latest governor to be confirmed to the Federal Reserve Board of Governors and previously served as President Donald Trump’s chair of the Council of Economic Advisers.
“I am excited to be discussing stablecoins. This innovation has been unfairly treated as a pariah by some, but stablecoins are now an established and fast-growing part of the financial landscape,” the Fed governor said at the beginning of his speech.
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