Who Uses Stablecoins Today? | Sam Elfarra, Daniel Lee, Marcelo Sacomori on Stable By Design

*“Stablecoins are breaking records—so what makes them ‘stable by design’: reserves, regulation, or rails?”* In this Binance Blockchain Week 2025 panel, Tanzeel moderates a candid deep‑dive with Marcelo Sacomori (Braza Bank), Daniel Lee (Banking Circle), and Sam Elfarra (Tron DAO) on what’s powering today’s stablecoin surge across emerging markets and global payments. From Brazil’s 24/7 FX via Real–USDT to Africa/LatAm P2P remittances, the panel unpacks why availability, spreads, and instant, transparent settlement beat legacy wires—and why, for banks and tokenized markets, atomic settlement needs tokenized money. They draw sharp lines between CBDCs, stablecoins, and tokenized deposits; explain MiCA’s e‑money token regime vs. asset‑referenced tokens; and outline what truly matters for stability: bankruptcy‑remote reserves, independent verification, and fast, low‑cost redemption. With Tron’s always‑on settlement, Europe’s first MiCA‑compliant bank stablecoin, and Brazil’s legal recognition of stablecoin payments, the panel maps what 2026 will hinge on: regulatory harmonization—and user awareness once people experience the UX shift. *In this session, you’ll learn:* ✅ “Stable by design” essentials: bankruptcy‑remote reserves, transparency, independent verification, and liquidity ✅ Why emerging markets drive adoption: P2P and cross‑border payments where banking is costly or slow ✅ Brazil’s playbook: 24/7 availability, tighter spreads, and instant, transparent settlement vs. legacy FX ✅ Banks’ perspective: RWAs need atomic settlement—and stablecoins as tokenized money to pay for tokens ✅ CBDCs vs. stablecoins vs. tokenized deposits: roles, trade‑offs, and bearer‑instrument implications ✅ MiCA’s impact: e‑money tokens (single‑currency) enabling institutional adoption; teething issues to resolve ✅ 2026 outlook: regulation harmonization and awareness as the biggest catalysts for mass adoption *⏱️ Timestamps:* ⏳ 00:00 – Introduction: Stablecoin markets are hitting records! ⏳ 00:50 – Introducing Marcelo Sacomori (Braza Bank) ⏳ 01:39 – Introducing Daniel Lee (Banking Circle), bank licensed in Luxembourg ⏳ 02:10 – Introducing Sam Elfarra (Tron DAO) ⏳ 02:41 – Tron’s stablecoin adoption and view: where usage comes from and why ⏳ 04:00 – Brazil’s stablecoin usage and what it resolves: availability, spreads, speed/transparency ⏳ 05:48 – Banks on stablecoins w.r.t. Banking Circle: why banks issue stablecoins; atomic settlement for tokenized assets ⏳ 07:33 – CBDCs vs. stablecoins vs. tokenized deposits (bearer vs. non‑bearer money) ⏳ 08:16 – “Stable by design”: reserves, transparency, liquidity, and bankruptcy‑remote structures ⏳ 12:25 – e‑money tokens vs. asset‑referenced tokens by MiCA ⏳ 13:17 – Can anyone launch a stablecoin? ⏳ 16:58 – Tron uptime and throughput during volatility ⏳ 17:52 – Bank launching their own “stablecoins”: JPMorgan’s tokenized deposit model and what it means ⏳ 19:15 – Brazil is using stablecoins: PIX, borders, and legal recognition of stablecoin payments; programmability ⏳ 20:41 – One‑sentence predictions: what defines stablecoins in 2026? ⏳ 23:12 – Closing #stablecoins #cbdc #rwa #tokenization #tokenizedassets #binance #binanceblockchainweek #cryptoinvesting #crypto2026 #bbw2025 *⚠️ RISK WARNING:* Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on your individual circumstances. Not financial advice. For more information, see our Terms of Use and Risk Warning. *📢 Join the conversation:* ➡️ Twitter/X: https://twitter.com/binance ➡️ Instagram: https://www.instagram.com/binance ➡️ Facebook: https://www.facebook.com/binance ➡️ TikTok: https://www.tiktok.com/@binance ➡️ LinkedIn: https://www.din.com/company/binance ➡️ Reddit: https://www.reddit.com/r/binance *🔗 Download Binance here (iOS, Android):* https://binance.onelink.me/y874/cb98de36 *🔗 Sign up for Binance here:* https://www.binance.com/en?ref=ERQKP7ND&utm_source=BinanceYoutube&utm_medium=GlobalSocial&utm_campaign=GlobalSocial