The Federal Reserve Board announced on Wednesday that it will host a conference on payment innovation on October 21, 2025. According to the announcement, the Federal Reserve Board will discuss how best to innovate and improve the payment system with the use of modern technology including Blockchain and Artificial Intelligence (AI).
Fed Governor Christopher Waller noted that innovation in the payment system is crucial to meet the changing demand for customers and businesses. Waller noted that the conference will feature discussion on the convergence of traditional and decentralized finance, stablecoins, tokenization of financial products, and the intersection of AI and payments.
“I look forward to examining the opportunities and challenges of new technologies, bringing together ideas on how to improve the safety and efficiency of payments, and hearing from those helping to shape the future of payments,” Waller noted.
The Federal Reserve has in the past year made strategic moves to enable the mainstream adoption of blockchain-relayed payment systems. The Federal Reserve has played a crucial role in the implementation of President Donald Trump’s crypto agenda.
For instance, the Fed recently withdrew its restrictive supervisory guidance on crypto assets by banks. As a result, U.S. banks have gained more freedom to provide crypto-related services.
The Fed is keen to help the U.S. dollar remain the desired global reserve currency amid changing geopolitical circumstances fueled by the BRICS movement. Notably, the rising demand for Gold has seen its use as a global reserve currency increase while that of major currencies drops due to their poor monetary policies including an infinite supply of money.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Following the Bitcoin price plunge below the crucial support at $84,000, driven by bid-side liquidity…
After weeks of weakness and a sharp 22% drop in the last month, the popular…
The long-running debate between Peter Schiff and Michael Saylor has exploded again after Strategy Inc…
The latest drop in the Bitcoin price has surprised the traders, as they were expecting…
While XRP builds toward a potential breakout, SolStaking offers a reliable way to earn steady…
Bitcoin (BTC) has performed peculiarly in the last week of November, with its dominance falling…
