Fed Official Miran: Policy Must Adapt to $3T Stablecoin Market Boom

Federal Reserve representative Miran has emphasized the urgent need for regulatory policy adjustments to address the rapidly expanding stablecoin market, which projections indicate could reach $3 trillion. The official stressed that current financial frameworks require modernization to accommodate the growing dominance of dollar-pegged digital assets in global finance. This regulatory adaptation is crucial for maintaining monetary stability as stablecoins increasingly integrate with traditional payment systems and banking infrastructure.