Bu makaleyi paylaş

Philly Fed Event to Explore Blockchain's Impact on Financial Stability

The Federal Reserve Bank of Philadelphia is set to discuss blockchain and cryptocurrencies at an event this month.

Güncellendi 13 Eyl 2021 öö 6:55 Yayınlandı 13 Eyl 2017 ös 8:50 AI tarafından çevrildi
Fed

The Federal Reserve Bank of Philadelphia is hosting an event later this month that will explore the impact of blockchain on financial stability.

The US central bank branch is co-organizing the event, which will be held on September 28–29 with the Journal of Economics and Business. The segment on blockchain and cryptocurrencies is scheduled for the latter part of the first day, beginning with a session on "Bitcoin, Blockchain, and Cryptocurrencies" that will feature Jim Cunha, senior vice president of the Federal Reserve Bank of Boston, and William Nelson, executive managing director of The Clearing House.

STORY CONTINUES BELOW
Başka bir hikayeyi kaçırmayın.Bugün Crypto Daybook Americas Bültenine abone olun. Tüm bültenleri gör

Of note is that blockchain's impact on financial stability is a subject that has been raised by other central banks in the past, including by representatives to the Financial Stability Board (FSB), which counts a number of central bank leaders among its membership.

Still, in the introduction to the event's agenda, the question of what that impact might entail is acknowledged as an open one.

The Philly Fed wrote:

"...blockchain technology, which was initially used for bitcoin transactions, also has the potential to create a major disruption in the financial landscape. Moreover, many countries (including Sweden, Korea, and China) have explored their own digital currencies. It remains unclear whether this sector will continue to grow (since it has not yet gone through the entire economic cycle) and what impact it will have on monetary policy and financial stability overall."

The event is set to include presentations on four research papers, covering topics such as "The Law of One Bitcoin Price?" and "Blockchain Disruption and Smart Contracts," among others.

Image Credit: Roman Babakin / Shutterstock.com

Sizin için daha fazlası

Protocol Research: GoPlus Security

GP Basic Image

Bilinmesi gerekenler:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Sizin için daha fazlası

Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb

Coinbase

The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.

Bilinmesi gerekenler:

  • Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
  • The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
  • Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.