Fed Governor Miran on Why Inflation Fears Are Overstated

Bullish:

• $DEFI - Stablecoins expected to see massive growth from global demand for dollar-denominated savings, particularly in regions with capital controls or limited banking access.

  • “I'm very optimistic about stablecoin growth, but I think that a lot of the stablecoin uptake is actually gonna come from large volumes of money that wanna be denominated in dollars, that wanna sit in dollars, and are currently unable to sit in dollars.”

    Stephen·29:06

  • “Huge pools of savings that have no other way of getting into into the dollar system. Suddenly, there's a way of doing it.”

    Stephen·29:20

  • “If we hit the more optimistic projections of stable coin growth, you could be looking at at magnitudes that are that are, you know, maybe not quite as big as the global savings glut, but let's say half as big.”

    Stephen·30:10