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    Artwork for Macro Musings with David Beckworth
    Episode

    Nellie Liang on Stablecoins After GENIUS, Private Money, and the Global Dollar

    Macro Musings with David Beckworth · Sep 14, 2026 · 51 min
    Episode page

    Nellie Liang is a former Treasury and Federal Reserve official and a senior fellow at the Brookings Institution. In Nellie's first appearance on the show, she discusses the future of stablecoins following the GENIUS Act, what stablecoins mean for private money and illicit finance, Fed master accounts, the global role of the dollar, and much more. Watch the full length video on our new YouTube…

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