FinTech Solutions in Payments: Stablecoins and Wholesale CBDC

Speaker: Srichander Ramaswamy, Director of Financial Stability, Supervision, and Payment Systems at the South East Asian Central Banks (SEACEN) Centre
Date: 26 November 2025

In this talk, Srichander Ramaswamy presented a central banker’s perspective on the ongoing global innovations in money, particularly in the areas of stablecoins and wholesale central bank digital currencies (CBDCs). These developments remain a key focus of research and monitoring at institutions such as the BIS, IMF, and central banks worldwide. The speaker shared preliminary insights on these innovations and invited discussion on their implications. In addition, he addressed emerging concerns such as fraud and scams in the financial ecosystem, highlighting the critical challenges central banks face in combating these issues. These areas are high on policy agendas yet lack clear strategies for resolution.