What Are Stablecoins and How are They Already Impacting FIs
The rise of the use of stablecoins and the creation of bank-issued stablecoins is already having an impact on payments in the traditional financial systems. Join us on this deep dive into understanding what stablecoins are, how they differ from other cryptocurrencies, and how they can affect your financial institution. (Rec. 4/26/22)
Recorded: April 26, 2022
As the digital economy becomes increasingly synonymous with the global economy, the need to modernize our financial system is that much more palpable. The rise of the use of stablecoins and the creation of bank-issued stablecoins is already having an impact on payments in the traditional financial systems. The most used cryptocurrency is not bitcoin, its actually Tether, a stablecoin. Although the EU and the top economies of the world, including China, UK, France, India, Sweden and Russia, are currently piloting or considering Central Bank Digital Currencies (CBDCs), the use of stablecoins has skyrocketed over the past year and continues to grow among banks.
Join us on this deep dive into understanding:
- What are stablecoins and how are they different from other cryptocurrencies
- How do stablecoins differ from CBDCs and why those differences matter
- In-depth review of how and why FIs have created their own stablecoins
- How stablecoins can affect your financial institution
Your registration includes:
- A copy of the presentation materials
- Unlimited video replay
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