Technology and Innovation Community

Recent post by the Team @ McKinsey & Co. on stablecoins.

Beyond stablecoins: The emerging architecture of on-chain money

Key summary:

• McKinsey expects that the future of on-chain money will be not as a monolith, but as a layered system in which different forms of value coexist to harmonize global money flow
• Stablecoins as "money in motion": optimized for rapid, lower-value, cross-border transactions and automated disbursements-particularly where traditional banking access is limited
• Tokenized bank deposits as "money at rest": supporting treasury balances, institutional payments, and interbank settlement at scale
• Tokenized central bank digital currencies as "settlement money": the ultimate global settlement asset that eliminates counterparty risk between disparate systems, enabling irrevocable finality across borders

#Stablecoin #innovationcommunity

- Todor