The anticipated Libra stablecoin, now rebranded as Diem, is due to launch this year. The cryptocurrency is largely responsible for pushing central banks into thinking seriously about digital currencies. Diem could bring many benefits to current payment systems as well as potential risks to the financial system. Christian Catalini, chief economist at the Diem association, discusses the launch of Diem, outlining the stablecoin’s key features and uses, the regulatory response and associated risks.
This meeting is on-the-record and is open to a wider audience. It will be followed by a private roundtable for DMI members only.
10:00-10:45 (New York)
The DMI is a high-level community which convenes key policy-makers, technologists, financiers and regulators to explore the challenges, opportunities and implications of digital finance in the 2020s. See more information on OMFIF’s DMI here.
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