Macro Musings with David Beckworth · Monday, October 19, 2026
Christina Skinner discusses her work at the U.S. Department of Treasury and notes that the department is not skeptical of stablecoins, highlighting the Genius Act as a crucial anchor for financial stability and innovation.
“And, you know, David, I should say at Treasury, we are not skeptical of stablecoins. We are not.”
“Yes. Yeah. Well, I mean, that's a really interesting piece of work that was going on led by some of my wonderful colleagues in Treasury. And interestingly, you know, maybe we'll get to it at some point in this show, the Genius Act does... have a lot of areas that intersect with financial stability.”