United States Federal Reserve Chair Jerome Powell said on Wednesday that he and the institution believe in the importance of having a federal framework for stablecoins.
"We'll be all in on working with you to get that done," Powell told the House Financial Services Committee.
Speaking further on the link between inflation and the housing market, Powell once again stressed the necessity of maintaining the central bank's monetary policy restrictive enough until the former figure drops below 2% to have the prices in the latter sector lower.
