Skip to content
ElevandiJan 24, 2024 6:19:28 PM1 min read

Digital Currency Showdown: Stablecoins vs Tokenised Deposits | SFF 2023

Digital Currency Showdown_ Stablecoins vs Tokenised Deposits _ SFF 2023

Synopsis:

Stablecoins and tokenised deposits have both revolutionised the way we store and transfer value. Stablecoins bring about much needed stability to the agility and democracy of cryptocurrencies while tokenised deposits have brought the speed and efficiency of blockchain technology to traditional banking rails. However, the question remains: Which digital currency can best deliver payment utility for a variety of use cases while minimising associated risks? Tokenised deposits may benefit from the trust that depositors have in the established banking system, but are they quick enough to incorporate capabilities like programmability and interoperability? Fiat-backed stablecoins could offer more inclusive reach but at what cost – can the cryptocurrency industry mitigate risks comprehensively enough to hit critical mass in time to realise its full potential?

The debate will feature industry veterans from the crypto and banking sectors who will champion their native currency. Join us for an opportunity to hear arguments from our top experts and cast your vote to crown the ultimate digital currency winner on stage, live at the Singapore FinTech Festival.

Speakers:

  • Dr Anna-Naomi Bandi-Lang, Executive Director, Digital Assets Structuring, UBS
  • Caroline Butler, Global Head of Digital Assets, BNY Mellon
  • Claudine Hurman, Director of Innovation and Financial Market Infrastructures, Banque de France
  • Dante Disparte, Chief Strategy Officer & Head of Global Policy, Circle
  • Rebecca Martin, Head of Strategy, Elevandi
  • Rene Michau, Global Head, Digital Assets, Standard Chartered
  • Rich Teo, Co-founder & Chief Executive Officer Asia, Paxos
  • Rosemary Lim, Executive Director, Monetary Authority of Singapore
  • Sasha Mills, Executive Director, Financial Market Infrastructure, Bank of England
  • Staci Warden, Chief Executive Officer, Algorand Foundation
  • Umar Farooq, Global Head of Financial Institution Payments and Chief Executive Officer, Onyx by J.P. Morgan, J.P. Morgan
  • Ziad Alyousef, Deputy Governor for Development and Technology, Saudi Central Bank

Moderator:

  • Jo Yeo, Head, Payments Development and Data Connectivity Office, Monetary Authority of Singapore

COMMENTS

RELATED ARTICLES