Stablecoin demand is growing, and it can push down interest rates: Fed’s Miran
Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion-dollar growth over the next five years will help push down ...
Last updated: 2025-11-12 14:59:10 ET
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Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion-dollar growth over the next five years will help push down ...
The central banker said the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy.
The interest rate decision was made by the narrowest of margins, meaning all eyes are now on the Bank's December meeting.
Most analysts believe the Bank rate will remain at 4% for now, although there could be a cut in December.