Tech Talk

← Tech Talk24 Sept · 37 min

Singapore's Stablecoin Bet: The Tech and the Impact

Singapore's Stablecoin Bet: The Tech and the Impact24 Sept37 min

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.

See omnystudio.com/listener for privacy information.