Fed Frontrunner Christopher Waller Gives Institutions the Green Light to Ethereum and Stablecoins

• Fed Governor Christopher Waller gave a major bullish speech, urging banks to embrace crypto
• He specifically praised Ethereum and stablecoins as the natural next step in payment evolution.
• On-chain data shows a net 628,000 ETH left exchanges as whales increased their holdings.

Federal Reserve Governor Christopher Waller, seen by many as a frontrunner for the next FED Chair, has openly expressed optimism about digital assets, particularly Ethereum and stablecoins. 

Speaking at the Wyoming Blockchain Symposium 2025, Waller urged financial institutions to embrace cryptocurrencies as the natural next step in the evolution of payments.

REMINDER:

FED Gov Waller says smart contracts, tokenization, and distributed ledgers carry no risk in everyday use.

The next potential FED Chair is openly bullish on Ethereum. pic.twitter.com/dxPSPkHMYv

— Crypto Rover (@rovercrc) August 28, 2025

Crypto Payments No Different Than Past Innovations

Waller argued that smart contracts, tokenization, and distributed ledgers are simply modern ways of recording transactions, dismissing fears that they carry unique risks. 

He compared skepticism around crypto today to the early d…

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