CONNECTING THE CURRENTS—THE NEXT POWER PLAY IN PHYSICAL-TO-DIGITAL INFRASTRUCTURE

Thorold Barker moderates a panel discussing the evolving landscape of digital currencies. Nicholas Carey emphasizes the significant policy shift in the U.S. and the institutionalization of digital assets, particularly stablecoins. Jacques Attali raises concerns about dollar-denominated stablecoins potentially dominating global savings and suggests Europe should develop Euro stablecoins. George Boussis highlights the consumer benefits of tokenized gift cards and the reduction of fraud. Sergio Fogel points out the tension between governments wanting control over money flow and the seamless movement enabled by crypto. The panel explores whether digital currencies will replace fiat, with varying opinions. Nicholas predicts AI agents will soon conduct a majority of online economic activity through digital wallets. The discussion ends with a focus on the need for scaling and interoperability in the digital asset space.