Panel Discussion: A View at Stablecoins and Its Implications: A Comparison Between the US and Europe
The new crypto and digital asset ecosystem is quickly advancing and has produced a requirement for a price-stable means of exchange to, e.g., facilitate settlement on-chain. Also, for new business models that previously suggested cryptocurrencies, e.g., efficient cross-border transactions, a stable means of payment is sought after.
Stablecoins may present a solution for both, as stablecoins attempt to offer price-stable on-chain means of payment through either fiat collateral or crypto collateral or try to achieve stability through algorithmic asset supply management. Even incumbents are considering the use of stablecoins for efficiency gains.
Currently, stablecoins can be issued by regulated or unregulated entities. Hence, stablecoins not just enable a new means of exchange or are capable of serving as an alternative means of payment but may have implications for monetary policy and financial stability. Therefore, the regulation of stablecoins is closely looked at and is developing with significant variances and speed in various regions and jurisdictions. For example, while there is currently a lot of movement in the US region, nearly all fiat-backed stablecoins are USD-backed; e.g., under the European MiCA regulation issuing a stablecoin comes with significant hurdles.
DLT Talents (Women in Blockchain) and Mastercard invite you to address the following questions:
– What are stablecoins?
– What are stablecoins currently used for?
– Where will stablecoins fill a gap in the current financial system?
– What is the current regulatory approach in the US and Europe?
– Who feels threatened by the recent development of stablecoins?
During the online panel, you will also have the opportunity to ask direct questions to the speakers.
– Sina Meier, Managing Director, 21Shares (Moderator)
– Holly Jones, Director, Blockchain & Digital Currencies, Mastercard
– Anca Bogdana Rusu, Partnerships, Policy and Advocacy, Celo
– Jaye Harrill, Ecosystem Builder, Quantstamp
– Dr. Nina-Luisa Siedler, Partner, DWF
Location and Date
Location: Online. Details for the live broadcast will be sent to you on the day of the event (no prior software installation required)
Date: Wednesday 21st of July, 2021
Time: 4pm – 5pm (CEST)
16:00 – Welcome and introductory words (Sina Meier, Managing Director, 21Shares (Moderator)
16:05 – Introduction of the speakers (D Sina Meier, Managing Director, 21Shares (Moderator)
16:10 – Start of the panel discussion: A View at Stablecoins and Its Implications: A Comparison Between the US and Europe
17:00 – End of online panel
Tickets and registration
Required via Eventbrite; you will receive the URL for the online panel in advance.
Frankfurt School Blockchain Center
Phone: +49 69 154 008-790
About DLT Talents
DLT Talents is an 18-week long program that helps young women to quickly onboard to the blockchain ecosystem. The program seeks to empower women to get into blockchain technology and build a successful career path. The goal is to guide women to become leaders in this quickly developing field that shapes the ecosystem as entrepreneurs, technologists, regulators, investors, or multiplicators.
About the Frankfurt School Blockchain Center
The Frankfurt School Blockchain Center (FSBC) is a think tank and research center primarily focusing on the implications of blockchain technology for companies and businesses. In addition to the development of blockchain prototypes, the center offers a platform for the exchange of knowledge and thought for decision-makers and startups as well as technology and industry experts. The FSBC sets new research impulses and develops education programs for students and executives. The center concentrates primarily on the areas of banking, energy, mobility, and the manufacturing industry.