News

On 6 November, CWEIC convened a high-level roundtable with business leaders, regulators, policy experts, and thought leaders on the topic of “Stablecoin: Balancing Regulation, Innovation, and Trust.”

The potential for Stablecoin across the Commonwealth is significant — from easing cross-border transactions, to enabling critical cashflow for SMEs through programmable payments, and improving supply chain speed and resilience.

The roundtable, held under Chatham House Rule, focused on the necessity for balanced and cohesive regulation to help foster innovation while maintaining financial stability, and crucially, ensuring consumer protection.

As one participant noted:

“We need regulation…but it must be regulation that is smart, regulation that is proportional, regulation that is globally aligned, and regulation that makes innovation safe enough to scale, and trustworthy enough to last.”

As stablecoins increase in popularity, the conversations we have today have the potential to shape the future for all.

CWEIC extends its thanks to Lord King of Lothbury, former Governor of the Bank of England, for chairing the roundtable, and to all participants who took time out of their busy diaries to join us.