{"id":78608,"date":"2026-04-01T15:01:39","date_gmt":"2026-04-01T15:01:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=78608"},"modified":"2026-04-01T15:01:39","modified_gmt":"2026-04-01T15:01:39","slug":"feds-barr-warns-stablecoins-could-trigger-financial-instability-as-clarity-act-stalls-in-congress","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=78608","title":{"rendered":"Fed&#8217;s Barr Warns Stablecoins Could Trigger Financial Instability As Clarity Act Stalls In Congress"},"content":{"rendered":"<div>\n<p>Federal Reserve Governor <strong>Michael Barr<\/strong> warned Tuesday that stablecoins present money laundering and financial stability risks, citing a \u201clong and painful history of private money created with insufficient safeguards\u201d as stablecoin issues stall progress on the Clarity Act in Congress.<\/p>\n<h3 class=\"wp-block-heading\">The Reserve Asset Risk<\/h3>\n<p>Barr <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-31\/fed-s-barr-flags-stablecoin-risks-as-agencies-ready-rules?srnd=phx-crypto\">focused<\/a> his concerns on how stablecoin issuers manage reserves backing their tokens.<\/p>\n<p>\u201cThe quality and liquidity of stablecoin reserve assets are critical to their long-run viability,\u201d Barr said in prepared remarks for the Federalist Society.\u00a0<\/p>\n<p>\u201cAt the same time, stablecoin issuers have an incentive to maximize the return on their reserve assets by extending the risk spectrum as far out as possible,\u201d he added.<\/p>\n<p>He warned that stablecoins will remain stable only if they can be reliably and promptly redeemed at par across a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/51601943\/feds-barr-warns-stablecoins-could-trigger-financial-instability-as-clarity-act-stalls-in-co?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Fed's\" barr warns stablecoins could trigger financial instability as clarity act stalls in congress>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Federal Reserve Governor Michael Barr warned Tuesday that stablecoins present money laundering and financial stability risks, citing a \u201clong and painful history of private money created with insufficient safeguards\u201d as stablecoin issues stall progress on the Clarity Act in Congress. The Reserve Asset Risk Barr focused his concerns on how stablecoin issuers manage reserves backing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-78608","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78608"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78608\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}