Articles for tag: blockchain technology, Cryptocurrency, Digital Currency, Federal Reserve, payment methods, retail payments, Stablecoins

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Stablecoins: The Future of Finance as They Transition into the Mainstream Economy

Stablecoins are gaining traction as a potential universal payment method, according to Chris Colson from the Federal Reserve Bank of Atlanta. Initially seen as tools for crypto traders, they are now being accepted by major retailers like Overstock, Chipotle, and Whole Foods, among others. Businesses are embracing stablecoins due to lower transaction fees and faster ...

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