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The Federal Reserve Board of Governors Waller calls for embracing AI and stablecoin to drive payment innovation
According to ChainCatcher news and Jin10 reports, Fed Board Governor Waller is calling for embracing the "technology-driven revolution" propelled by artificial intelligence and stablecoins as a way to boost the U.S. economy. He stated that creating new payment services using innovative technology is not a new story and emphasized that Distributed Ledger technology can provide a more efficient way to track asset transfers. Waller also pointed out the impact of Decentralized Finance in the payment sector, suggesting that if the private sector collaborates with the Fed, it could create a win-win situation.