[Federal Reserve Governor: Growing Demand for Stablecoins Pegged to Dollar Assets Will Force Adjustments in Monetary Policy] According to Coindesk, Federal Reserve Board Governor Stephen Miran stated in a speech in New York on Friday: 'Stablecoins could become a trillion-dollar conundrum for central bank officials worldwide.' He noted that Federal Reserve staff predict, 'The issuance of stablecoins will reach $1 trillion to $3 trillion.' 'Currently, the total amount of outstanding U.S. Treasury securities is less than $7 trillion.' 'If these predictions are accurate, the scale of additional demand for stablecoins will be too significant to ignore. Therefore, I anticipate that much of the demand for stablecoins will come from regions without access to dollar-denominated savings instruments, which will boost demand for dollar assets.' Stephen Miran, who was recently confirmed as a new member of the Board, is focusing on stablecoins and their explosive growth (particularly among foreign users), which could have a significant impact on monetary policy.