Federal Reserve Unveils Stablecoin Rules, Anticipates Rate Cuts

The Federal Reserve is set to regulate stablecoins under the GENIUS Act, aiming for greater financial stability and trust in the market. Governor Christopher Waller has engaged in feedback on these regulations and expects two additional interest rate cuts by year-end 2025. This approach seeks to stabilize the financial system while fostering innovation and potentially influencing cryptocurrency markets, specifically stablecoins and DeFi ecosystems, through increased adoption and regulatory clarity.