Eric Rosengren included the stablecoin among what he termed new disruptors to short-term credit markets.
The one-year position will work on the Applied Fintech Research team's digital currency experiments.
Jim Cunha, senior VP of the Federal Reserve Bank of Boston, has said distributed ledger technology could "fundamentally change" financial services.
The senior vice president of the Federal Reserve Bank of Boston believes blockchain will make financial middlemen wake up and innovate.