Stablecoins could enter M1 or M2, Fed study says
Federal Reserve researchers proposed a framework on Sept. 4 for deciding how stablecoins and other blockchain-based financial products could fit within U.S. money supply statistics. Summary Federal Reserve researchers said payment stablecoins could eventually qualify for inclusion within M1 or M2. Everyday payment use would support M1 classification, while short-term value storage would point toward…
