The Fed's Jackson Hole conference kicks off Thursday. This year's official topic: financial innovation in payments.

That means stablecoins and tokenized assets are literally on the Fed's agenda now.

Not a side conversation. Not a fringe topic. The actual main event.

This is the kind of institutional shift that happens quietly, then all at once. When central bankers start dedicating their biggest annual gathering to the infrastructure crypto has been building for years, you're watching the narrative flip in real time.

Payments innovation = the Fed is now forced to acknowledge that the rails are being rebuilt outside their system.