The U.S. Federal Reserve has announced a meeting on October 21st, focusing on payment-related topics including stablecoins and tokenization. The agenda will explore emerging use cases and business models for stablecoins as well as the tokenization of financial products and services. This effort aims to promote innovation in the American payment system. Christopher Waller, Federal Reserve Board member, instead of Chairman Jerome Powell, highlighted the ongoing development in payments to cater to consumer and business needs. He emphasized exploring the opportunities and challenges presented by new technologies, gathering ideas on enhancing payment security and efficiency, and engaging with stakeholders shaping the future of payments.