According to ChainCatcher news, as reported by Jin10, Fed Governor Waller has called for embracing a “technology-driven revolution” powered by artificial intelligence and stablecoins as a way to boost the U.S. economy. He stated that creating new payment services using innovative technology is not a new story and emphasized that Distributed Ledger technology can provide a more efficient way to track asset transfers. Waller also pointed out the impact of Decentralized Finance in the payment sector, suggesting that a win-win situation could arise if the private sector collaborates with the Fed.
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The Federal Reserve Board of Governors Waller calls for embracing AI and stablecoin to drive payment innovation
According to ChainCatcher news, as reported by Jin10, Fed Governor Waller has called for embracing a “technology-driven revolution” powered by artificial intelligence and stablecoins as a way to boost the U.S. economy. He stated that creating new payment services using innovative technology is not a new story and emphasized that Distributed Ledger technology can provide a more efficient way to track asset transfers. Waller also pointed out the impact of Decentralized Finance in the payment sector, suggesting that a win-win situation could arise if the private sector collaborates with the Fed.