Fed staff note warns stablecoins could double-count dollars in M1/M2
#stablecoin #moneysupply #federalreserve

Fed staff note warns stablecoins could double-count dollars in M1/M2
#stablecoin #moneysupply #federalreserve
💰Global #Monetary #Liquidity, by Country: 🟰 🇺🇸 #USA 23.2T$, +0B$, +0.0% 📈 🇪🇺 #Europe 19.1T$, +118B$, +0.62% 📈 🇯🇵 #Japan 8.3T$, +117B$, +1.41% 📈 🇨🇳 #China 52.6T$, +221B$, +0.42% (Monthly Absolute Value & % Change, Liquiditywiz.com) #Moneysupply #M2 #Macroeconomics
Federal Reserve researchers mapped a path for payment stablecoins to enter M1 or M2, but flag reserve double-counting and geography gaps that must be fixed first.
#Fed #GeniusAct #MoneySupply #StablecoinRegulation #Stablecoins #Usdc