In her speech, Carolyn Wilkins draws on historical experience of private money issuance to explore whether private digital money can operate safely at scale. She also considers what could happen if US dollar stablecoins become widely used, and what that could mean for the future of international monetary power.
Speech
Introduction
Thank you for inviting me. It is a pleasure to be here at Queen’s University in Belfast to talk about payment innovations, and what they mean for international money and power.
I’ll focus on stablecoins. They have some affinities with the local banknotes issued here. And while stablecoins are often presented in very dry terms - blockchains, tokens, settlement layers - the bigger questions are about money and power.
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