Sylvia Garcia actually said...

"The ECASH Act ensures that those who rely on physical cash due to mistrust or lack of access to traditional financial services will have the option to use ECASH."

"I applaud the Federal Reserve for taking the next steps toward improving U.S. payment systems so that vulnerable customers are not left behind in the digital age."

"Could you define what that means? Are you talking to consumer groups?"

"Thank you. Dr. Brainard, I would like to shift gears briefly and discuss the use of stablecoins for remittances."