Fintech Conversations & Insights with Efi Pylarinou
Dr. Efi Pylarinou is a Top Global B2B Fintech & Tech Influencer, Thought Leader, and prolific content creator.No.1 Global Woman Influencer in Finance & the Data conversation by Refinitiv 2019 & 2020. She is included in Onalytica`s 2021, Top 20 Fintech Influencers & in their Top 20 in ‘ Who`s Who in AI’ professional influencers. In 2022, she was included in the Top 50 Digital Futurists list and Top 30 Linkedin Voice by Engatica. A seasoned Wall Street professional & a recognized technology thought leader on innovation topics.She has over 195,000+ followers on Linkedin and 20,000+ on Twitter. Join her on the social platforms https://linktr.ee/Efiglobal
Fintech Conversations & Insights with Efi Pylarinou
G7 Stablecoins: The Digital Money Era for Institutions
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What is the importance of the latest announcement by 10 major global banks to issue a stablecoin pegged to G7 currencies?
What is AI's role in the adoption of digital assets and the future of asset management in a tokenized world?
PARIS/LONDON Oct 10 (Reuters) - Ten major banks including Bank of America, Deutsche Bank, Goldman Sachs and UBS are jointly exploring issuing a stablecoin, the latest sign of traditional finance seeking to get to grips with the growth of digital assets.
The group of lenders, which includes Citi, MUFG, Barclays, TD Bank, Santander and BNP Paribas, will work together to explore creating blockchain-based assets pegged to G7 currencies, the banks said in a statement on Friday.
In this episode, I am joined by Johnny Fry, the founder of Digital Bytes, to discuss the groundbreaking news about a consortium of global banks planning to launch stablecoins for G7 currencies on public blockchains. We explore the potential impact on global financial systems, and the importance of collaborations in the digital sphere. Johnny emphasizes the significance of digital money, highlighting its advantages over traditional banking methods and the potential for unlocking value in capital markets and the broader economic activity.
We also delve into related topics such as AI's role in the adoption of digital assets, the resilience of DeFi, and the future of asset management in a tokenized world.
This episode provides invaluable insights into the future of financial services and the transformative power of blockchain technology.
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