It was a pleasure to participate in the Research Seminar on Empirical Studies of Banking organized by the Higher School of Economics (HSE), where researchers and practitioners discussed current developments in banking, digital assets, and financial innovation.
👉 https://finance.hse.ru/banking
One of the topics that generated significant discussion was stablecoins and their potential role in international finance.
During the discussion, I shared my view that, while stablecoins represent an important technological innovation, countries should carefully consider the geopolitical dimension of financial infrastructure. In particular, I expressed my skepticism toward any payment or settlement system that ultimately operates under the control or jurisdiction of a party that could become politically or economically hostile.
Technology alone is not enough. Long-term monetary systems must also provide sovereignty, neutrality, resilience, and trust.
This is one of the reasons I continue researching and developing the concept of BRICSCOIN—a neutral settlement asset designed to reduce dependence on any single country’s monetary infrastructure while enabling efficient international trade.
Many thanks to the organizers and participants for an engaging and thought-provoking discussion. Exchanges like these are essential as we shape the future of global finance.