Macro Musings with David Beckworth cover image

Peter Conti-Brown on the Legal and Regulatory Issues Facing the Fed and Financial Markets

Macro Musings with David Beckworth

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Fedmaster Accounts, Stable Coins?

The Fed recently released guidelines, three tiers of institutions. The lowest tier is the one where FinTech's like stable coins would apply for a Fedmaster account. Peter Navarrette: I don't like the idea of non-bank fintech-saving master account status. He says we need to get much more specific and give this away from the Reserve Banks.

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