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Fed Governor Advocates for Stablecoins as Potential Pillars of Financial Stability

Fed Governor Advocates for Stablecoins as Potential Pillars of Financial Stability

The national debt of the United States has surged beyond $35 trillion, with an alarming $500 billion added in just the past two weeks. This unprecedented increase raises significant concerns about the sustainability of the nation's fiscal policies and the potential role of stablecoins in stabilizing the financial system amid such volatility.