---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292202023.md"
description: "New York Fed President Williams (who holds a permanent vote on the FOMC and is regarded as the third-most powerful figure at the Federal Reserve): Issues related to stablecoins are still in the early stages. Stablecoins are more about payment functionality than store of value. Stablecoins have not led to rising financial stability risks"
datetime: "2026-07-09T13:00:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292202023.md)
  - [en](https://longbridge.com/en/news/292202023.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292202023.md)
generator: "portal-rs"
---

# 

New York Fed President Williams (who holds a permanent vote on the FOMC and is regarded as the third-most powerful figure at the Federal Reserve): Issues related to stablecoins are still in the early stages. Stablecoins are more about payment functionality than store of value. Stablecoins have not led to rising financial stability risks.

## Related News & Research

- [August CPI likely keeps Fed on hold, Pantheon says](https://longbridge.com/en/news/298438444.md)
- [POLL-Fed to hold rates steady in rest of 2026; rising number of analysts see at least one hike](https://longbridge.com/en/news/298464974.md)
- [Lighthouse Canton pitches low-cost SPY options hedge into Sept. 16 FOMC decision](https://longbridge.com/en/news/298405680.md)
- [Peter Schiff Warns 25-Basis-Point Hike Would Do 'Nothing': 'They Should Raise Rates By a Lot More'](https://longbridge.com/en/news/298433403.md)
- [Orkla trims ORK89 bond holdings to boost market float](https://longbridge.com/en/news/298495215.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**