NEW YORK--(BUSINESS WIRE)--Stablecoins will likely play a pivotal role in advancing global financial infrastructure and economic growth, said David Malpass, former president of the World Bank, in a keynote address at the Payments Unleashed summit in New York City. Malpass described stablecoins as a "foundational element in bridging conventional banking and payment systems with emerging digital financial technologies." He emphasized the necessity of robust regulatory frameworks to ensure the int. ...

5. One key challenge and opportunity is the further standardization of frameworks. Most obviously, clearer regulatory frameworks will boost adoption and drive research and investment.Standardization of protocols is another critical area, because we want to enhance integration between crypto protocols as well as between TradFi and DeFi, and that holds immense potential for collaboration.For instance, #Binance recently announced it is partnering with TradFi powerhouse @FTI_Global to co-develop digital assets ...