![\"\"](\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2025\/11\/GENIUS_Richard.jpg\")
<\/figure>\n\n\n\nPhoto credit: Singapore FinTech Festival<\/em><\/p>\n\n\n\n Lily Liu, President of the Solana Foundation, emphasised that stablecoins create a \u201cdefault state” of equal access, rather than zero access. Entrepreneurs can build platforms that enable financial services, such as savings accounts and brokerage services, to be delivered via the same stablecoin infrastructure. Traditionally, these services are provided by different financial institutions or on separate platforms. The use of stablecoins, she claimed, effectively democratises financial services, allowing startups to reach users who were previously locked out of traditional systems.<\/p>\n\n\n\n Photo credit: Singapore FinTech Festival<\/em><\/p>\n\n\n\n Takis Georgakopoulos, Chief Operation Officer of Fiserv, noted that stablecoins \u201cbreak the traditional mode of moving money.\u201d Crypto off-ramps, services that allowed users to exchange cryptocurrency for fiat currency, were largely unregulated and fragmented before the passing of the GENIUS Act. Now, with regulatory clarity, entrepreneurs can design payment systems that bypass legacy rails, offering faster, cheaper, and programmable transactions.<\/p>\n\n\n\n Photo credit: Singapore FinTech Festival<\/em><\/p>\n\n\n\n Monica Long, President of Ripple, illustrated this with real-world examples: stablecoins enable 24\/7 treasury management and real-time cross-border payouts. Businesses can settle transactions between the US and territories like Brazil or the UAE in days rather than weeks. For entrepreneurs managing global supply chains or remote teams, this efficiency translates into lower costs and improved cash flow.<\/p>\n\n\n\n Photo credit: Singapore FinTech Festival<\/em><\/p>\n\n\n\n Visa\u2019s Chris Newkirk, President, Commecial & Money Movement Solutions underscored the importance of legal clarity. According to him, Visa views itself as a \u201chyperscaler for payments\u201d, offering entrepreneurs access to a service stack that integrates stablecoins into existing networks. Stablecoin-linked Visa cards now exist, supported by infrastructure deals such as Visa\u2019s acquisition of Pismo earlier this year.<\/p>\n\n\n\n Eric Anziani of Crypto.com argued that stablecoins are moving \u201cbeyond payment and DeFi\u201d. Entrepreneurs can leverage them for prediction markets, tokenised assets, and liquidity solutions. <\/p>\n\n\n\n Photo credit: Singapore FinTech Festival<\/em><\/p>\n\n\n\n Lily Liu pointed to on-chain IPOs as a future frontier. By removing traditional bottlenecks of bankers and lawyers, entrepreneurs could raise capital directly from global investors in a fully digital environment. Stablecoins serve as the settlement layer for these innovations.<\/p>\n\n\n\n Ripple’s Monica Long therefore emphasised the importance of \u201cblending traditional and decentralised systems\u201d to deliver the best customer experience. Entrepreneurs who can \u201cfacilitate transfers between the two\u201d will be best positioned to thrive. Those who fail to make these connections, she warned, \u201cwill be left behind.\u201d<\/p>\n\n\n\n Despite the optimism of most of the panellists, they also acknowledged that there would always be risks. With nearly 99% of fiat-back stablecoins now pegged to the US dollar, Solana\u2019s Lily Liu warned that many countries will be concerned about their future economic sovereignty. They may feel compelled to issue their own stablecoins to avoid \u201cbeing dollarised\u201d and inheriting US monetary policy.<\/p>\n\n\n\n Fiserve\u2019s Takis Georgakopoulos warned that a proliferation of stablecoins could introduce credit risk if issuers lack transparency or adequate reserves.<\/p>\n\n\n\n For entrepreneurs, this could mean navigating a landscape where multiple sovereign-backed digital currencies coexist alongside private stablecoins.<\/p>\n\n\n\n Binance\u2019s Richard Teng predicted a shift toward a wallet-based economy, where users manage payments, savings, and investments within a single digital interface. Yield compression and high fees are challenges today, he acknowledged, so entrepreneurs who design efficient wallet ecosystems will capture significant value.<\/p>\n\n\n\n Visa\u2019s Chris Newkirk echoed this urgency: \u201cWe are all in on enabling stablecoins. Like all new technologies, there\u2019s an adoption curve, so first we\u2019re busy building that infrastructure.\u201d<\/p>\n\n\n\n Photo credit: Singapore FinTech Festival<\/em><\/p>\n\n\n\n Entrepreneurs who act fast will be positioned to ride the stablecoin curve rather than chase it.<\/p>\n\n\n\n The GENIUS Act has transformed stablecoins from speculative instruments into legally recognised, institutionally integrated financial tools. For entrepreneurs, this era offers unprecedented opportunities, including access to underserved markets, faster, cross-border payments for global operations, and partnerships with institutions like Visa that are actively building infrastructure.<\/p>\n\n\n\n However, Fiserve\u2019s Takis Georgakopoulos was quick to point out that current money movement systems, with all their limitations, still get the job done. The difficulty of changing existing structures leaves only the truly forward-looking institutions willing to adopt stablecoins. This is why there\u2019s currently still no real sense of disruption. The current US dollar stablecoin market capitalisation is only $303 billion, according to CoinGecko<\/a>, a relative drop in the ocean.<\/p>\n\n\n\n![\"\"](\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2025\/11\/GENIUS_Lily.jpg\")
<\/figure>\n\n\n\nBreaking Traditional Money Movement<\/h3>\n\n\n\n
![\"\"](\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2025\/11\/GENIUS_Takis.jpg\")
<\/figure>\n\n\n\n![\"\"](\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2025\/11\/GENIUS_Monica.jpg\")
<\/figure>\n\n\n\nExpanding Use Cases Beyond Payments<\/h3>\n\n\n\n
![\"\"](\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2025\/11\/GENIUS_ChrisandEric.jpg\")
<\/figure>\n\n\n\nRisks And Sovereignty Concerns<\/h3>\n\n\n\n
Building A Wallet-Based Economy<\/h3>\n\n\n\n
![\"\"](\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2025\/11\/GENIUS_Chris.jpg\")
<\/figure>\n\n\n\nStablecoins Are Primed To Offer A Wealth Of Opportunities To Entrepreneurs<\/h3>\n\n\n\n