Federal Reserve Governor Christopher Waller emphasized the importance of engaging with payment industry innovators to understand emerging technologies like digital assets, tokenization, and AI during a speech at the Wyoming Blockchain Symposium. He noted the potential of stablecoins and the recent U.S. Genius Act in shaping the future of digital payments, while acknowledging the ongoing technological revolution in the payments sector.
The article analyzes current market dynamics, indicating a bullish outlook for October due to a softer USD and potential Fed policy shifts. It highlights the impact of a government shutdown on economic data, the correlation between liquidity and Bitcoin, and the growing momentum of stablecoins, particularly with SWIFT's involvement and Tether's capital raise.