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Stablecoins Shift Monetary Influence from the Fed to the Market

Mike Hogan
December 3, 2025

The Fed likes to maintain the image that it has absolute control over rates and monetary policy. The reality is much more nuanced, as one would expect from a complex system like the financial system. The Fed admittedly has many tools in their toolbox, but the market also plays a strong role. In some regards, […]

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