The U.S. has its #GENIUSAct, but the #stablecoin future is also being shaped right here in Asia.
We went deep on the global regulatory race! Thrilled to share my conversation with Benjamin Grolimund, General Manager of the UAE at Flipster,, recorded live at #TOKEN2049 in Singapore during the electric #F1 week.
The topic: The new U.S. stablecoin framework. This isn’t just a U.S. story; the GENIUS Act will set a global standard and directly impact how we use and move the digital US Dollar globally.
Benjamin broke down three things everyone—from newcomers to seasoned users—needs to understand about the future of #Stablecoins:
1️⃣The Basics (Since 2014): We cover the history, the simple 1:1 link to fiat, and why stablecoins are the primary pathway for traditional finance into Web3.
2️⃣The “GENIUS Effect”: Why the new US law—mandating 1:1 reserves and regulatory clarity—is accelerating adoption across the board, from banks to consumers.
3️⃣The Future of Payments: What this convergence of clarity means for next-gen cross-border transactions and corporate treasury tokenization globally.
Listen to the full episode now to understand the global domino effect of the GENIUS Act and the essential due diligence steps.
—–
00:51 – Intro – Blockchain Exciting updates?
01:00 – Going mainstream: Stable coins, Decentralized Finance (DeFi)
02:08 – What are Stable Coins?
02:30 – Stablecoins: history dates back to 2014
03:23 – Stablecoins: linked to the value of the fiat currency (e.g. USD)
03:37 – 1 USD Stable coin = 1 USD currency
03:52 – Stable coin: Move money cheaper, quicker than traditional banks
05:26 – Who are using Stable Coins?
05:41 – Users: Institutions for payments, emerging markets as inflation hedge
07:14 – One Example
07:52 – Stable coins: cheaper, faster, more available than USD currency
08:30 – Non-USD Stable Coins
08:44 – Non-USD Stable coin: emerging
09:35 – Securing the 1:1 guarantee
09:53 – Stable coin Regulation: key for safety & mainstream adoption
10:40 – Regulations (such as the U.S. Genius Act) boost adoption & trust
12:05 – Who can “create” Stable coins
12:33 – Stable coin issuance: now requires licensing & strict regulatory supervision
13:51 – Banks are entering stablecoin issuance to leverage their network & clients
14:25 – Global trade will use both USD & local currency stablecoins
15:34 – USD stable coin issuers are often offshore, benefiting US finance
16:55 – Going mainstream: Stable coins
17:18 – New regulations are driving stablecoin adoption, replacing old systems
18:48 – Lessons from Stable coins incidents
19:45 – Terra Luna: led to better risk management (e.g. governance, regulations)
20:43 – Due Diligence: e.g. check regulation, transparency, company’s treasury management
21:42 – Trust is key: Do due diligence, as in traditional finance
—–
Recorded at TOKEN2049 Singapore, 1st October 2025, 4pm.
—–
Benjamin Grolimund, General Manager of the UAE at Flipster,
Benjamin Grolimund is a seasoned fintech executive with over 17 years of leadership experience across Europe, Middle East, and Africa. He currently serves as General Manager UAE for Flipster, where he leads the company’s global expansion in the Middle East. Before joining Flipster, Benjamin was General Manager at Rain, the region’s leading regulated crypto platform. He also founded Finally, a payments startup later acquired by Slice. Earlier in his career, Benjamin spent over a decade at Bloomberg, where he served as Regional Head for the MEA, leading regional strategy, building trading infrastructure with banks and government bodies.
—–0
Stay with us:
LinkedIn ➡️ https://www.linkedin.com/in/lojane/
YouTube ➡️ https://cutt.ly/U2B0yVi
#misscyberpenny
#blockchain
#web3
source
