Federal Reserve Bank of Richmond: "Stablecoins and the Demand for Dollars"
March 25, 2026
March 25, 2026
RICHMOND, Virginia, March 25 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 26-09) in March 2026 by Marina Azzimonti and Vincenzo Quadrini entitled "Stablecoins and the Demand for Dollars".
Here are excerpts:
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Stablecoins are often described as a threat to the U.S. dollar. Pegged to the dollar but issued outside the traditional banking system, they appear to offer a digital alternative to holding do . . .
Here are excerpts:
* * *
Stablecoins are often described as a threat to the U.S. dollar. Pegged to the dollar but issued outside the traditional banking system, they appear to offer a digital alternative to holding do . . .