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Fed Staff Keep Payment Stablecoins Like USDC Out of M2, Citing 3 Data Gaps

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Federal Reserve staff note keeps payment stablecoins like USDC out of M1/M2, citing data gaps, reserve double counting and geographic scope; GENIUS Act…

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Fed Staff Keep Payment Stablecoins Like USDC Out of M2, Citing 3 Data Gaps
CoinOtag 1h ago

Fed Staff Keep Payment Stablecoins Like USDC Out of M2, Citing 3 Data Gaps

Federal Reserve staff note keeps payment stablecoins like USDC out of M1/M2, citing data gaps, reserve double counting and geographic scope; GENIUS Act…

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