Stablecoins are transforming money. Their very name implies more stability in value than their blockchain siblings such as bitcoin. As their use expands and momentum builds following recent legislative developments, they are increasingly being viewed as a potential means of improving the speed and efficiency of certain payments. But with that rapid growth come important questions about the appropriate regulatory framework and the interaction between stablecoins and the broader financial system. While new legislation is establishing safeguards, market participants differ on the appropriate balance between innovation and risk.
How are stablecoins transforming money? Who are the players at the center of this transformation? And how can businesses benefit?
Join The Sidley Podcast host and Sidley partner, Sam Gandhi, as he speaks with one of the firm’s thought leaders on these issues — Jess Cheng, a partner in Sidley’s Banking, Payments and Fintech and Blockchain practices. Together, they discuss how stablecoins are transforming the digital payments ecosystem and the players who are driving that change.
Executive Producer: John Metaxas, WallStreetNorth Communications, Inc.
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