Sharmyn Powell’s central banking career spans over 25 years at the Eastern Caribbean Central Bank (ECCB). As Chairperson of the ECCB’s Fintech Working group, she led the ECCB’s Central Bank Digital Currency (CBDC) pilot project, DCash. Sharmyn is currently on a 2-year secondment at the BIS Innovation Hub, Swiss Centre.

The Bank for International Settlements' mission is to support central banks' pursuit of monetary and financial stability through international cooperation, and to act as a bank for central banks.

This panel will discuss how digital currencies will influence the way payments will be made in the future. What are the pros & cons, the risks & opportunities?

This panel delves into how digital currencies are reshaping global payment systems, from reducing transaction costs to enabling real-time cross-border transfers. The panelists will discuss the opportunities and disruptions brought about by stablecoins, tokenization, CBDCs. The conversation will explore the integration of digital currencies into existing payment infrastructures and their potential to enhance financial inclusion. Attendees will gain a deeper understanding of the technological, economic, and policy implications of this transformation.