Marina Azzimonti discusses how digital currency like stablecoin and physical currency like the U.S. dollar are tied together, how the demand for one affects the other, and how this relationship plays out in global financial markets. Azzimonti is a senior economist and research advisor at the Federal Reserve Bank of Richmond.
Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_06_03_stablecoin_dollars