Western Union's Retail CBDC Pilot With The Digital Dollar Project, R3 Corda, Ripple & Stablecoins

8 months ago
46

Chris Giancarlo is a former CFTC chairman, author, & Co-Founder of the Digital Dollar Project and Kevin Mole is the Global Head of Digital Assets at Western Union. In this interview we discuss:
- Digital Dollar Project's mission
- Western Union and the Digital Dollar project working together
- Western Union's Retail CBDC pilot and the results
- Western Union's crypto and blockchain strategy
- Western Union and Ripple pilot
- What's next for the Digital Dollar Project
- Crypto Regulations
White paper https://digitaldollarproject.org/wp-content/uploads/2023/08/Digital-Dollar-Project-Cross-Border-Remittance-Pilot-Paper.pdf
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⏰ Time Stamps ⏰
00:00 Intro
01:03 Kevin's background
03:00 Digital Dollar project overview
07:45 Tom Emmer's CBDC Anti Surveillance Bill
11:34 Retail CBDC Pilot
14:46 Using R3 Corda blockchain for the pilot
17:19 Will Western Union use Stablecoins or create their own Stablecoin
24:59 Pilot results
32:15 CBDC Wallet bridging and interopability
38:02 Digital Dollar US dollar world reserve currency
42:09 Next steps for Western Union after pilot
46:56 Ripple pilot update
48:11 Western Union's roadmap
50:29 US crypto regulations
54:28 Institutional adoption of Crypto
58:45 Digital Dollar project roadmap
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