[chrisgp]

Considering how much demand there is for stablecoins this seems pretty positive. Don't need to worry about Tether counterparty risk if the backer of a US dollar coin is the US treasury.

Maybe this is what gets us to <1h settlement ACH transfers?

[hocuspocus]

How much of that demand is driven by the fact USD-pegged stablecoins allow to evade US jurisdiction?

> Maybe this is what gets us to <1h settlement ACH transfers?

You can have that without involving the central bank.

[atdrummond]

FedWire already solves the last problem.