Fed’s Neel Kashkari calls crypto ‘utterly useless,’ dismisses stablecoins as ‘buzzword salad’

admin February 19, 2026 Leave a Comment

The Minneapolis Fed president said stablecoins don’t beat Venmo and argued crypto fails basic real-world tests.

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Fed’s Neel Kashkari calls crypto ‘utterly useless,’ dismisses stablecoins as ‘buzzword salad’

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