Digital Currencies and Stable Coins as Crisis Management Tools
Speakers: Benoît Cœuré, Piroska Nagy-Mohacsi, Christina Segal-Knowles, Ricardo Reis and Erik Berglof
Payment systems and money are evolving rapidly. Developments in information technology, digital networks and the increase in internet-based retailing have created the demand and technological space for digital transactions that have the potential to radically change payment and financial intermediation systems. Will Covid-19 accelerate these changes? How radical or similar could this new landscape be? What kinds of design choices and/or regulatory response might make the difference? How might Central Banks support and adapt?