The world is changing very quickly, and the old rules no longer apply. International trade is being disrupted, and political balances are being challenged as alliances shift rapidly. Technology is transforming daily life and the course of the world.

Currencies are at the heart of these disruptions. They will evolve rapidly, their scope will change. This has already begun with the Stablecoin backed by the US authorities. But the story won’t end with this new asset.