U.S. Federal reserve chair jerome pal said a fed report on central bank digital currency, c b d c would come in early september during hearing before the u. S. House committine f fintional services. The people in crypto refer to this as fed coin. Stable coins certainly have some advantages in terms of a faster payment system and have some of the attributes of a c b d c. But there are some risks with the stable coins right now. And if they're going to be a significant part of the payments universe, which we o think crypto asses will be, but stable points might be then we need an appropriate regulatory framework, which, frankly...

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