PANews reported on June 1st, citing Cointelegraph, that Federal Reserve Governor Christopher Waller and Bank of England policymaker Megan Greene expressed drastically different views on the prospects of stablecoins at the Dubrovnik Economic Conference. Waller stated that the increased use of dollar-backed stablecoins could enhance the global influence of US monetary policy, calling stablecoins merely payment tools, "without evil or danger," simply bringing competition to the payments sector. Greene, however, held the opposite view, believing that tokenized deposits could replace stablecoins within a few years, adding, "Five years from now, we might wonder why we're even talking about stablecoins." Greene likened central bank digital currencies to a "tortoise," stablecoins to a "hare," and tokenized deposits to a "rhinoceros," predicting that the rhinoceros will ultimately prevail.