Gruenberg, who has served on the FDIC board for a report 17 years after working for Democrats on the Senate Banking Committee, has been a dependable proponent of more durable monetary guidelines, although his place on cryptocurrencies hasn’t been totally fleshed out. In an October speech on crypto points, he mentioned stablecoins may have such a profound impact on the banking system that U.S. regulators want to verify the digital tokens slot in with out disruption.