ME AI News: Federal Reserve Bank of Cleveland President Beth M. Hammack said in her November 5, 2026, speech “Reserve Currencies and Stablecoins” in Zurich, Switzerland, that stablecoins may have technical advantages over traditional payment methods, such as the ability to execute smart contracts or enable intelligent agent workflows. These features could increase demand for stablecoins and, in turn, drive up demand for dollar-denominated assets. However, current U.S. regulations do not directly address the use of smart contracts or agentic AI in payments. Without a clear regulatory framework, U.S. financial institutions may be slow to adopt these technologies. (Source: ME)