Fed’s Neel Kashkari calls crypto ‘utterly useless,’ dismisses stablecoins as ‘buzzword salad’
19.02.2026Fed’s Neel Kashkari calls crypto ‘utterly useless,’ dismisses stablecoins as ‘buzzword salad’
19.02.2026Fed’s Neel Kashkari calls crypto ‘utterly useless,’ dismisses stablecoins as ‘buzzword salad’
The Minneapolis Fed president said stablecoins don’t beat Venmo and argued crypto fails basic real-world tests.