BNB$738.96+0.11%BRENT$97.1-0.06%BTC$79,044-0.10%COPPER$6.67+0.30%DJI$53,414-0.51%DOGE$0.0908+0.41%DXY99.18+0.00%ETH$2,484-0.14%GOLD$4,421+0.36%NDX$29,544+0.21%SILVER$66.41+0.41%SOL$103.57-0.21%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.30+5.30%BNB$738.96+0.11%BRENT$97.1-0.06%BTC$79,044-0.10%COPPER$6.67+0.30%DJI$53,414-0.51%DOGE$0.0908+0.41%DXY99.18+0.00%ETH$2,484-0.14%GOLD$4,421+0.36%NDX$29,544+0.21%SILVER$66.41+0.41%SOL$103.57-0.21%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.30+5.30%
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Fed Research Highlights Double Counting Risks in Stablecoins

Key takeaways

  • A recent Fed staff note reveals potential double counting of dollars in M1 and M2 due to stablecoin classification challenges and liquidity measurement issues.

Analysis

A recent Fed staff note reveals potential double counting of dollars in M1 and M2 due to stablecoin classification challenges and liquidity measurement issues.

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