Fed Governor Waller Tells Crypto Investors: DeFi Is Just Payments Tech, Not a Threat

TLDR: Fed Governor Waller told the Wyoming Blockchain Symposium that DeFi is only a new way to process payments safely. Stablecoins now extend beyond crypto trading, offering dollar access globally while supporting faster cross-border transfers. AI has long been part of payments, with new models improving fraud detection and compliance across financial services. The Federal [...]

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