Digital Currency Governance Consortium White Paper Series — Pathways to the Regulation of Digital Currencies The World Economic Forum’s Digital Currency Governance Consortium (2021) explores how public–private coordination can shape the regulation of stablecoins and CBDCs, balancing innovation with stability and inclusion. Luc
Annual Progress Report on Meeting the Targets for Cross-Border Payments: 2023 Report on Key Performance Indicators The FSB’s 2023 progress report benchmarks global payments against G20 targets: costs remain high (1.5–2.5%), remittances average 6.3%, and only 54% of wholesale payments settle within an hour. Tokenized solutions could accelerate progress. Luc
New Value: Stablecoin Trends in Business and Beyond Ripple’s New Value 2025 survey of 1,000 finance leaders reveals that 86% are open to using stablecoins, citing faster, cheaper, and more secure transactions. LATAM and MEA lead adoption as stablecoins move from crypto hype to institutional utility. Luc
Global Cross-Border Payments: A $1 Quadrillion Evolving Market The IMF’s Global Cross-Border Payments report (June 2025) examines the USD 1 quadrillion payments ecosystem and its evolution toward tokenized, interoperable settlement networks spanning stablecoins, deposits, and CBDCs. Luc
Circle Payments Network White Paper Circle’s Payments Network White Paper outlines a new global settlement protocol connecting banks and fintechs through USDC and EURC. The network merges blockchain programmability with regulated compliance, reshaping cross-border and institutional payments. Luc
The State of Stablecoins 2025: Supply, Adoption & Market Trends Dune and Artemis’ State of Stablecoins 2025 reveals a USD 225 billion market growing 63% YoY, with over USD 35 trillion in annual transfers. Fiat-backed models dominate, while Solana and Base emerge as the new stablecoin powerchains. Luc