• About Us
  • Careers
  • Contact
No Result
View All Result
Saturday, October 4, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Fed Governor Waller Urges Banking Sector to Embrace Crypto Payments, Calls DeFi ‘Nothing to Fear’

21 August 2025
in Crypto
Reading Time: 3 mins read
101 8
Home News Crypto

U.S. Federal Reserve Governor Christopher Waller has reassured policymakers and private banks that cryptocurrency payments and decentralized finance (DeFi) technologies pose no threat to the traditional financial system.

Speaking at the Wyoming Blockchain Symposium 2025 on Wednesday, Waller said crypto transactions are “simply new technology” for transferring value and recording transactions.

Christopher Waller Member of the Federal Reserve Board of Governors of the United States says that distributed ledger is a technology. According to him the Fed is looking how they can use smart contracts in the payment system in the United States. The signal is super strong that… pic.twitter.com/Jm9XKHe0jc

— Sergii Gerasymovych (@SergiiGera) August 20, 2025

“There is nothing scary about this just because it occurs in the decentralized finance or DeFi world — this is simply new technology to transfer objects and record transactions,”

Waller told attendees, likening stablecoin-based purchases to the everyday act of tapping a debit card at the grocery store.

“There is nothing to be afraid of when thinking about using smart contracts, tokenization, or distributed ledgers in everyday transactions.”

His remarks underscore the Fed’s recent shift toward a more crypto-friendly stance. In April, the central bank withdrew its 2022 guidance that discouraged banks from engaging in digital asset activities. Last week, it scrapped its “novel activities supervision program” for crypto-related banking services, while Fed Vice Chair for Supervision Michelle Bowman suggested staff be allowed to hold small amounts of crypto to better understand the technology.

Waller, seen as a frontrunner to succeed Jerome Powell as Fed Chair when his term expires in May 2026, argued that stablecoins could play a vital role in strengthening the dollar’s global position. He pointed to the newly signed Guiding and Establishing National Innovation for U.S. Stablecoins Act as a milestone that could unlock their “full potential” in retail payments, cross-border transactions, and in economies struggling with high inflation or scarce access to dollars.

The stablecoin market currently stands at around $280 billion, with U.S. Treasury projections suggesting it could swell to $2 trillion by 2028 if a clear regulatory framework accelerates demand for U.S. debt securities. Market leaders Tether (USDT) and Circle’s USD Coin (USDC) dominate the sector, commanding market caps of $167 billion and $67.5 billion, respectively, according to CoinGecko.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: Christopher Waller
Share63Tweet40Share11
Previous Post

SUI Ecosystem: Price Prediction, Market Dynamics, and Strategic Developments

Next Post

Kanye West’s YZY Token Rockets to $3B Before Insider Sale Fears Trigger Sharp Drop

Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

source: datawallet.com
Crypto

BNB Chain, Solana, and Avalanche Lead Q3 Growth as Altcoin Networks Expand

3 October 2025
soure
Crypto

BNB Hits Record High as Network Activity and Upgrades Fuel Rally

3 October 2025
source: medium.com
Crypto

Patrick Scott: Hyperliquid Still Best-Positioned Despite Perp DEX Shakeup

3 October 2025
source:  cointelegraph.com
Crypto

UXLINK Faces Heavy Selloff, Moves to Compensate Users via On-Chain Vote

3 October 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Your Weekend Crypto Roundup | October 2025 (Week 1)

14 hours ago

What $1 Billion in Liquidations Means for Market Stability

3 days ago

Why Crypto’s Cross-Chain Future Depends on Regulatory Readiness

3 days ago

MicroStrategy’s Debt-Fueled Bitcoin Buys: Smart Treasury Move or Dangerous Precedent?

3 days ago

XRP Reserves Spiked by 1.2B: What Does This Mean for Market Adoption?

3 days ago

Is Crypto Adoption Strongest Where Fiat Is Weakest?

3 days ago
Read More

Events

Blockchain Life 2025
Blockchain Life 2025
28 Oct 25

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Psy Protocol Testnet Combines Internet Scale and Speed with Bitcoin-Level Security

bychainwire
2 October 2025
0

Eightco Holdings Inc. ($ORBS) Expands Investor Access with Options Trading

bychainwire
2 October 2025
0

Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life

bychainwire
2 October 2025
0

Solo Leveling Levels Up: Korean Billion-Dollar Megafranchise Goes Onchain with Story

bychainwire
1 October 2025
0

SimpleFX Relaunches First Deposit Bonus

bychainwire
1 October 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00