Payments Innovation Conference, October 21, 2025

Federal Reserve Board Payments Innovation Conference · October 21, 2025

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Intro: what the Federal Reserve is and does

Presentation

1:53 → 58:00(56m 7s)

Ian (Federal Reserve staff) opened with a primer on the structure and core functions of the Federal Reserve System, describing the Board of Governors, 12 Reserve Banks and the Federal Open Market Committee and the Fed's roles in supervision, payments and serving as the government's bank.

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A Federal Reserve Board conference in Washington, D.C., convened panels of regulators, bankers and crypto/tech firms to discuss payments innovation, including interoperability between TradFi and DeFi, stablecoins, tokenized deposits, agentic commerce and a Fed 'payment account' prototype.

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Transcript

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