‘Policy Formation Will Be Critical’: Experts Weigh In On Stablecoin Adoption
At the recent Benzinga Future of Digital Assets event, industry leaders tackled how stablecoins are reshaping finance, spurring adoption among institutional investors, and addressing operational hurdles in digital markets. The panel, moderated by BlackRock‘s Kyle Braden, featured Jennifer O’Rourke of DTCC Digital Assets, Chuck Mounts of S&P Global Ratings, and David Alderman of Franklin Templeton, who provided valuable perspectives.
Stablecoins: A Bridge To Institutional Participation
Mounts described stablecoins as a critical link between traditional finance and the digital asset ecosystem.
“Stablecoins are… positioned to be the accelerant to the mass adoption for tradfi firms and crypto financial capabilities in the marketplace,” he explained. Mounts shared how S&P Global’s stablecoin stability assessment tool is helping institutions evaluate the risk of stablecoins losing their peg to fiat currencies, adding a layer of confidence for new entrants to the market.
Mounts emphasized the need for stablecoins to underpin the tokenization of real-world assets, citing …
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