Conclusion Wherever our journey takes us, and with this I would like to conclude, global “stablecoin” initiatives, such as Libra, will prove disruptive in one way or another. They are the natural result of rapid technological progress, globalisation and shifting consumer preferences. But how we respond to these challenges is up to us.
We can focus our efforts on ensuring that private payment systems will thrive in a space that respects our common global policy priorities.