Digital Money Panel at Singapore FinTech Festival: How Forward-Looking Institutions Are Managing Risks and Seizing Opportunities
At Singapore FinTech Festival (Nov 12, 1:20pm, Hall 5), leaders from Visa, J.P. Morgan, Banking Circle, and Pave Bank tackled digital money’s risks and rewards. Banking Circle debuted the first deposit token on public blockchain, decoupling ledgers for on-demand funds. Visa enables USDC settlements across chains, converting to fiat instantly. Experts flagged dollarization and systemic risks, pushing programmable compliance and regulatory collaboration. Future: agentic AI, stablecoin lending, settlement finality, on-chain FX. Institutions must explore deposit tokens, interoperability, and co-build frameworks.
