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Fed’s Neel Kashkari calls crypto ‘utterly useless,’ dismisses stablecoins as ‘buzzword salad’

POL February 19, 2026 1 minute read

Fed'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. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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