The Federal Reserve is taking a proactive stance on payment innovation, signaling a shift towards greater private sector involvement. Governor Christopher J. Waller’s speech at the Payments Innovation […]
Federal Reserve to Embrace Payment Innovation: Waller Calls for Proactive Role
Christopher Waller, a Federal Reserve Board member, has indicated that the institution plans to take a more active role in exploring payment innovations. Speaking at a recent conference […]
Federal Reserve Unveils FedAccounts: Could Revolutionize Payment Systems?
The Federal Reserve is exploring new payment innovation with the introduction of ‘FedAccounts’, potentially a game-changer for businesses and financial markets. Governor Christopher Waller, at the recent payment […]
Federal Reserve to Explore Stablecoin & AI Innovation at Upcoming Conference
The Federal Reserve is gearing up for a pivotal conference on payment innovation, scheduled for October 21st. This event will delve into several emerging technologies, including stablecoins and […]
Circle Teams Up with Mastercard and Finastra to Streamline Stablecoin Settlements
Circle has partnered with Mastercard and Finastra to bring stablecoin settlement capabilities into everyday financial transactions, aiming to further integrate USDC into the global payments landscape. The initiative […]
Circle and Finastra Integrate USDC for Faster, Cheaper Bank Payments
Finastra and Circle have teamed up to provide financial institutions using Finastra’s Global PAYplus platform with direct access to USDC settlements. This integration could streamline payments for institutions […]
Federal Reserve: Stablecoins Lead Payment Innovation, CBDCs Remain Unlikely
In a recent statement, Federal Reserve board member Christopher J. Waller emphasized that stablecoins are currently more suitable for payment transactions than central bank digital currencies (CBDCs). This […]