The majority of individuals who adopt the use of stablecoins do so for its convenience as an intermediary when selling and purchasing different cryptoassets. However, the potential for stablecoins to be used right across the financial infrastructure is growing fast, and its market cap has already passed $150bn. With their practicality growing alongside the thriving cryptoasset industry, mitigating risks associated with the use of both is an urgent requirement. Nellie Liang, under secretary of the US Treasury for domestic finance, joins OMFIF to discuss the next steps for regulating stablecoins and cryptoassets.
Nellie Liang, Under Secretary, US Treasury for Domestic Finance
11:00-12:00 (New York)
This meeting will be conducted under the OMFIF Rules.
This virtual discussion is part of the OMFIF Digital Monetary Institute. The OMFIF Digital Monetary Institute is a high-level forum which convenes key policy-makers, technology experts, investors and regulators to explore the challenges, opportunities and implications of digital finance in the 2020s. See more information on OMFIF’s DMI here. Please contact firstname.lastname@example.org directly for membership details or register your interest below and we’ll be in touch.