Acting United States Federal Deposit Insurance Corporation chairman Martin Gruenberg spoke on Oct. 20 about possible applications of stablecoins and the FDIC’s approach to banks considering engaging in crypto-asset-related activities.

Although he saw no evidence of their value, Gruenberg conceded that payment stablecoins merit further consideration.

Gruenberg sounds skeptical that the benefits of payment stablecoins would outweight the rollout of FedNow, a real-time payment system we're expecting the government to release in the spring.
But notably, he says "there may be merit" to continued study here.
Source: Cointelegraph
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