Discussion of the role of stablecoins in payments and the movement of funds

At Luno’s LIDAC conference, representatives from Tether, Xweave, and Standard Chartered discussed how stablecoins and tokenized money are changing the flow of funds for businesses and individuals. The discussion covered practical uses in remittances, treasury management, and supplier payments; comparisons between stablecoins and tokenized deposits; and the opportunities and challenges for local-currency stablecoins such as those denominated in ringgit. The guests also discussed the importance of liquidity, regulation, and collaboration in driving adoption.

Luno’s LIDAC conference focused on whether stablecoins can make cross-border payments faster, cheaper and more accessible, with representatives from Tether, Xweave and Standard Chartered taking part. The discussion covered the use of stablecoins for remittances, corporate treasury management and supplier payments, as well as comparisons with tokenized deposits; liquidity, regulation and collaboration were seen as important issues for driving adoption.