It was great to moderate the panel on CBDCs and Stablecoins, with distinguished colleagues from BIS, Seba, Circle, and Citi Ventures, at the CV Summit in the Crypto Valley today. We discussed the challenges to overcome to harvest the benefits of these innovations, the key features that stablecoins need to have to succeed in the long term, and also importantly the coexistence scenarios for CBDCs and Stablecoins.
On a broader note, the entrepreneurial energy and overwhelming initiatives that have permeated these two summit days clearly suggest that there is no adoption winter. Players are intelligently using this market period to establish presence and position themselves.