Federal Reserve Governor Milan: Rapid expansion of stablecoins may lower neutral interest rates and prompt the Fed to cut rates more quickly.

date
08/11/2025
According to the Securities Times app, on Friday, Federal Reserve Governor Milan stated at an event that the continued growth of stablecoins may significantly lower the "neutral interest rate" in the future. This change means that the Fed's policy rate should also be lowered accordingly, otherwise it will create contractionary pressure on the economy.