Christopher Waller, a member of the Board of Governors of the Federal Reserve System (FRS) of the United States, advocated for the creation of a clear legislative framework that would allow both banks and non-banking organizations to issue stablecoins.

According to him, stablecoins can play a key role in modernizing payment systems and facilitating international transactions. Waller believes that the private sector is capable of developing effective solutions, but this requires a reliable regulatory environment.

The member of the FRS Board of Governors emphasized that regulation of stablecoins should be aimed at minimizing risks associated with financial stability and consumer confidence. He also noted that clear rules will increase market transparency and ensure its further growth.

The FRS continues to study the issue of integrating stablecoins into the traditional financial system, seeking to create a balance between technology development and market security.