Stablecoin Rails Are Eating Fiat Settlement: How the next generation of card infrastructure is being built

The evolution of digital asset payments has moved beyond the proof of concept phase.

For the modern issuer, the challenge is no longer about proving that stablecoins can be spent, but about optimising the stack that makes it happen.
This session brings together payments architects and treasury leads to analyse the structural changes redefining the industry.

Join us as we discuss:

• Mapping the specific architectural shifts required to move from pre-funded liquidity pools to real-time settlement against on-chain assets
• Assessing the viability of vertical integration in the card stack - how the compression of traditional layers impacts the unit economics of stablecoin issuance
• Evaluating the operational impact of regulatory frameworks on companies acting as both asset custodians and payment processors

Join us as we focus on the technical feasibility of real-time liquidation and the specific pressures that MiCA and other global frameworks place on firms managing the dual-stack of custody and issuance.