Sei Labs Research Argues Stablecoins Turn Fed Into Global Retail Bank
Peter Zhang Jan 20, 2026 20:57 New Sei Labs paper models how dollar-pegged stablecoins export U.S. monetary policy worldwide, creating an ‘impossible quartet’ for central banks. A research paper published by Sei Labs on January 20, 2026 presents a formal framework arguing that widespread stablecoin adoption effectively transforms the Federal Reserve into the world’s retail...
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