Professor Corinne Zellweger-Gutknecht

This roundtable reflects Elevandi’s commitment to developing the infrastructure to support the adoption of new technologies. Following on from the 2023 Point Zero Summit debate, “Who Will Emerge the Digital Money Winner: Stablecoins or Tokenised Deposits?”, the Insight's Forum saw a public-private roundtable consider the Rules to power a stablecoin driven economy

As digital assets are gaining importance, stablecoins, tokenised bank deposits and deposit tokens promise the facilitation of payments. At the same time, regulatory bodies and standard setters of financial markets have identified a number of issues which call for close attention.

Operating within the theme of Decoding Digital Assets and Payments, this roundtable looks at the international regulatory landscape for stablecoins, tokenised bank deposits and deposit tokens and focusses on ‘lessons learned’ from ongoing regulatory initiatives worldwide. What is needed to reconcile the promise of innovation with the need for sound regulation? What regulations are sensible from a financial stability and monetary policy perspective?

This is one of two discussions surrounding stablecoins which brings together views on this issue from regulators, standard setters, stablecoin issuers, commercial banks and academics at the Insights Forum. Find out more at the "Stablecoins in the monetary system of the future" session, which aims to provide guidance to regulators, support commercial banks in adapting to the evolving landscape, and encourage FinTech innovation alongside stablecoins.

Attendees who wish to familiarise themselves with the topic may refer to the reference materials below.
- Stablecoins or tokenised deposits
- Rules to power a stablecoin driven economy

This roundtable reflects Elevandi’s commitment to advancing adoption of frontier technologies.

In today's rapidly evolving financial landscape, the concept of tokenisation is helping to reshape traditional financial instruments issued by sovereign and corporate entities. The transformative potential is exemplified by several digital bonds issuances as part of Project Helvetia Phase III. Also, Project Promissa aims to tokenise promissory notes that are instrumental in raising funds for the World Bank and other International Financial Institutions.

The roundtable will bring together participants from the public and private sectors, the legal and regulatory community, and financial market infrastructures. It will explore the following aspects:
- The transformative impact of tokenising financial instruments, such as liquidity, accessibility, transparency, and efficiency.
- The multifaceted challenges of tokenisation, ranging from technical aspects such as security, privacy and interoperability, to regulation and compliance and coordination between diverse actors in the financial markets.

The objectives of this roundtable operating under the theme of Decoding Digital Assets and Payments are to i) understand the transformative impact of tokenisation and explore challenges and solutions, ii) promote collaboration and coordination between different stakeholders and iii) map the way forward by identifying opportunities and risks.

Attendees who wish to familiarise themselves with the topic may refer to the reference materials below.
- Project Helvetia Phase III
- Project Promissa