The Federal Reserve (FED) focuses on stablecoins and tokenization in the October high-level meeting, which may reshape the global payment landscape.

The Federal Reserve will hold a high-level meeting on October 21 with the theme of "Payment Innovation," focusing on the business models of stablecoins and the tokenization of financial products and services. This meeting is seen as an important step by the Central Bank of the United States in the field of digital assets and payments, which may have a profound impact on the global payment landscape.

Meeting Focus: stablecoin and tokenization

According to the announcement from The Federal Reserve (FED), this meeting will delve into:

Business model of stablecoins: including the operational mechanism linked to fiat currencies, regulatory challenges, and market potential.

Financial tokenization: How to transform traditional financial products and services into digital assets that can be traded on the blockchain.

Cross-domain Integration: The Combination Model of Traditional Finance (TradFi) and Decentralized Finance (DeFi)

AI and Payments: The Application of Artificial Intelligence in Payment Security, Efficiency, and User Experience

The Federal Reserve (FED) Governor Christopher Waller stated: "The payment sector continues to innovate to meet the needs of consumers and businesses. I look forward to discussing the opportunities and challenges brought by new technologies with the industry and hearing the key voices that shape the future of payments."

Policy Background: The Central Bank of the United States Shifts to an Open Attitude

Under the leadership of the Trump administration, the Central Bank of the United States gradually shifted towards an open attitude towards cryptocurrencies and stablecoins:

April Policy Shift: Withdrawal of Previous Guidance Disencouraging Banks from Participating in Cryptocurrency and Stablecoin Business

Regulatory Easing: Termination of the special regulatory program for banks involved in cryptocurrency business and removal of the "reputational risk" classification.

Market Impact: Seen as an important victory against the "de-banking" of cryptocurrencies.

Potential Impact of stablecoin

According to the minutes of the July FOMC meeting, stablecoins pegged to fiat currency are expected to:

1. Improve the efficiency of the payment system

2. Increase the demand for supporting assets (such as U.S. Treasury bonds).

3. Provide new impetus for cross-border payments and financial infrastructure upgrades.

This means that stablecoins are not only a core tool in the crypto market but may also become part of the United States' financial strategy.

Global payment landscape may undergo transformation

This conference will be live-streamed to the public, attracting the attention of global financial institutions, technology companies, and the cryptocurrency industry.

Short-term impact: may release a regulatory-friendly signal, promoting the acceleration of stablecoin and tokenization-related projects.

Long-term impact: It could reshape cross-border payment and capital flow models, paving the way for the further integration of crypto assets into the global financial system.

Conclusion

The Federal Reserve's payment innovation conference in October will place stablecoins and tokenization at the core of the discussion, marking that the Central Bank of the United States is actively exploring the role of digital assets in financial infrastructure. If the conference releases positive signals, the global payment market may welcome a new wave of technological and model innovations, and mainstream crypto assets such as Bitcoin and Ethereum may also benefit indirectly.