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Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Ria S. Sonawane

Fin Inst Policy Analyst III Reserve Bank Operations and Payment Systems

[email protected]

Education

B.S., Economics, Virgina Commonwealth University, 2021

Current Research Topics

Innovations in Payments
Digital Asset Markets

Fin Inst Policy Analyst III
Board of Governors of the Federal Reserve System
2023 - present
Research Assistant
Board of Governors of the Federal Reserve System
2021 - 2023

In the Shadow of Bank Runs: Lessons from the Silicon Valley Bank Failure and Its Impact on Stablecoins
Chuan Du, Ria Sonawane, and Cy Watsky
FEDS Notes (2025)
https://doi.org/10.17016/2380-7172.3958

conference
July 2025
Federal Reserve Bank of Chicago
System Payment Researchers Conference

Last Update: January 12, 2026