U.S. Federal Reserve Governor Christopher Waller has downplayed fears surrounding crypto payments, emphasizing their integration into the financial system as a natural evolution of existing transactions. At the Wyoming Blockchain Symposium 2025, Waller stated that decentralized finance (DeFi), while new in its execution, operates on established principles of asset transfer and record-keeping similar to traditional banking practices. He called for collaboration between policymakers and the banking industry to establish robust crypto payment infrastructure. This includes exploring the potential of smart contracts, tokenization, and distributed ledgers for everyday transactions.