Liquidity of reserve assets critical to stablecoins’ viability-Fed Governor

1st April, 2026

Aravind Bulusu
federal reserve

Michael Barr said financial stability remains one of the key concerns in stablecoins' adoption as the US had a long and painful history with private money that triggered frequent bank runs and financial panic.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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