For the further adoption of blockchain technology and digital assets in the financial services industry, stablecoins are a key factor for success. The introduction of value-referenced tokens initially promised to take out some of the volatility linked to crypto. Today, stablecoins are also directed towards more advanced use cases, e.g., in capital markets and e-commerce.

Nevertheless, for regulated and supervised financial services players, many of today’s stablecoin champions are not ideally suited for such purposes. A lack of oversight and control by regulators hinders mass adoption. More recent stablecoin initiatives & Central Bank Digital Currency pilot projects aim to tackle exactly these issues. Stablecoins like the digital Euro, Swiss CHF deposit token or PayPals PYUSD all try to build the bridge between the digital asset world and today’s fiat currencies (CHF, EUR, JPY, etc.). Importantly, each initiative comes with pros and cons and thus needs to be analysed in detail.

We are convinced that stablecoins & Central Bank Digital Currencies will bring fundamental change to global financial services. For a large majority of financial institutions, the question thus arises, how they should position to benefit from the rise of stablecoins. 

To shed light on the nature of stablecoins and raise awareness for their relevance in financial markets, zeb is organizing a virtual zeb.Business Event on December, the 7th to discuss the following questions together with experienced experts