Federal Reserve Governor Stephen Miran spoke about stablecoins and monetary policy at the Blockchain & Venture Capital Summit in New York on Friday. He said that a lot of stablecoin usage would likely lower the neutral rate, and that Widespread stablecoin usage could push up the dollar's value.
Dow Jones futures remain steady above 47,700 during European hours, with the S&P 500 futures and Nasdaq 100 futures gaining 0.11% and 0.19%, trading around 6,880 and 26,050, respectively, ahead of the opening of the United States (US) regular session on Monday.
Dow Jones futures rise 0.65% to trade near 47,700 during European hours, ahead of the opening of the United States (US) regular session on Monday. The S&P 500 futures gain 0.84% to trade around 6,880, while Nasdaq 100 futures surge 1.13% to reach 25,800 at the time of writing.