
← Tech Talk24. Sept. · 37 Min.
Singapore's Stablecoin Bet: The Tech and the Impact
Singapore's Stablecoin Bet: The Tech and the Impact
Singapore's central bank has proposed new rules for stablecoins, digital currencies pegged to real money. Varun Mittal, Founder of Fintech Nation and Managing Director Country Head Singapore at Keenai Global, joins us to explain what stablecoins actually are and the tech required to build and run a stablecoin payment system.
Rena Kwok, Senior Credit Analyst at Bloomberg Intelligence, also joins us to discuss what this proposal means for Singapore's banks, why they're barred from issuing stablecoins directly, and where the actual revenue opportunity lies for them.
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