Stablecoins in Practice: Insights on Challenges, Opportunities & Financial Inclusion from Sibos 2025
In this exclusive interview with Finextra TV, Alistair Brown, Global Head of Open Banking and Payments at EPAM, shares his reflections on the challenges, opportunities and future of stablecoins following a dynamic roundtable discussion at Sibos 2025.
The roundtable, titled "Stablecoins in Practice: Challenges, Design, and Deployment," brought together industry leaders to explore the evolving role of stablecoins in global finance. Alistair highlights the key themes from the discussion, including the potential of stablecoins to drive financial inclusion, modernize cross-border payments and transform global trade.
As Alistair explains, stablecoins represent a powerful tool for enabling financial inclusion in underserved regions, offering individuals access to financial systems where they were previously excluded. However, the journey is far from over. With over 200 stablecoins currently in circulation, the industry faces significant challenges around regulation, standardization and fragmentation.
Alistair also delves into the geopolitical implications of stablecoins, particularly the tethering of stablecoins to major currencies like the US dollar and euro, and how this dynamic is shaping the global financial ecosystem. Additionally, he draws parallels between the evolution of stablecoins and AI, reflecting on how these transformative technologies are reshaping industries and creating new opportunities for innovation.
Ready to dive deeper into the future of stablecoins and their impact on global finance? Watch this insightful conversation with Alistair Brown to learn more.
