PANews, June 23 – Federal Reserve Governor Christopher J. Waller stated in his opening remarks at the fifth "International Roles of the U.S. Dollar" conference that the discussion will focus on the impact of stablecoins and tokenized assets on the international role of the U.S. dollar. Waller noted that dollar dominance remains anchored in the size of the U.S. economy, the depth of its financial markets, and institutional trust, but distributed ledgers and asset tokenization are creating new dollar intermediation channels that operate in parallel with traditional banking and payment systems, causing the international use of the dollar to evolve. He pointed out that the private sector is rapidly expanding the accessibility of dollar-denominated assets and exploring business models that leverage new technologies. Separately, Fed Vice Chair Michelle Bowman warned that artificial intelligence applications are amplifying the digital vulnerabilities of financial infrastructure.