> A simple question. Is there any reason not to put a Fed backed stablecoin on Ethereum and the other major blockchains? Even if you're crypto-skeptical, what

> A simple question. Is there any reason not to put a Fed backed stablecoin on Ethereum and the other major blockchains? Even if you're crypto-skeptical, what is the downside? Without a substantial benefit that advances the Federal Reserve's core mission, there would seem to be no reason to do it. "Why not?" is one approach, and a perfectly valid one! It's perhaps often not how central banks approach decisions though.