Tokenized Bank Deposits and Stablecoins: Complimentary or Competitive?

The GENIUS Act unlocked the stablecoin era, but tokenized deposits are fighting back. This session tackles the $4 trillion question: will stablecoins steal deposits from banks, or will both find their lane? The discussion explores how money is evolving to move like text messages, examines stablecoins' potential to dominate cross-border payments by eliminating high remittance costs and settlement delays, and assesses how tokenized deposits will coexist with existing payment rails before potentially becoming the dominant method.