Fed Governor Waller says 'there is nothing scary' in payments using DeFi rails

Federal Reserve Governor Christopher Waller declared that “there is nothing scary” about DeFi simply because it operates outside traditional banking infrastructure. Speaking at Wyoming Blockchain Symposium 2025, Waller framed blockchain-based transactions as a natural technological evolution rather than disruptive threats. He compared DeFi operations to conventional purchases, noting that buying crypto with stablecoins through smart […]