Feb 6 (Reuters) - Federal Reserve Governor Christopher Waller Said on Thursday That Global Adoption of U.S.-Dollar-Based Stablecoins Will Make the Dollar Even More of a Reserve Currency Than It Is Now, but He Said There's a Need for Good Regulation of the Digital Assets, the Sooner the Better.
Waller Did Not Touch on Monetary Policy or the Economic Outlook in a Discussion on Payments at the Atlantic Council. He Said He Views a Stablecoin as a Synthetic Dollar, and if It Makes Payments Faster and Cheaper "I'm All for It."
Waller Also Repeated His View That There's No Need for a U.S. Central Bank Digital Currency That Could Be Used by Households.
(Reporting by Ann Saphir; Editing by Leslie Adler)
((Ann.saphir@Thomsonreuters.com; 312-593-8342; Www.x.com/Annsaphir; Reuters Messaging: Ann.saphir.thomsonreuters.com@Reuters.net))
