Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Fed Governor Offers thoughts on Stablecoins at European Central Bank

Stable Coin word cloud including terms like money, finance, etc.

Ms Lael Brainard, Member of the Board of Governors of the Federal Reserve System, offered her thoughts on stable coins on the Monetary Policy, Technology, and Globalisation Panel, at an ECB colloquium on December 18, 2019.  Among her observations:  “Without requisite safeguards, stablecoin networks at global scale may put consumers at risk.”  The full speech can be found here.

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