Webinar: Money of the Future

As both the main store of value and means of payment, money is a core pillar of our economy.  The concept and mechanics of money have materially evolved in the last few years. In particular, stablecoins are a rapidly growing fully digital asset (typically denominated in US$) which can be used to settle payments and is backed by portfolios of “safe” assets such as government bonds.  In parallel major central banks have launched work on the introduction of central bank digital currencies which resemble digital banknotes. These material structural changes in our financial system raise a large number of wide-ranging questions which this webinar will discuss:

• Implications of evolution of “money” for the financial system and central banks

• SC vs CBDC: “The winner takes it all”?

• Remuneration of SCs?

• SCs and Central Bank access

• Do all central banks need to issue CBDCs?

• Impact of SCs and CBDCs on banks?

• US vs EU (vs China): What is the likely evolution?

Welcome and introduction
Martin Scheicher, Adviser, DG Horizontal Line Supervision · ECB and SUERF Fellow

High-level panel
Moderated by Natacha Valla, Dean of the School of Management and Innovation · Sciences Po and SUERF Council

Ulrich Bindseil, Honorary Professor · TU Berlin and SUERF Fellow
Markus Brunnermeier, Professor of Economics · Princeton University and SUERF Fellow
Darrell Duffie,  Professor of Finance · Stanford University
Stefan Ingves, Former Governor of Sveriges Riksbank and Senior Fellow · Swedish House of Finance

Please register here.