The new forms of money: what treasurers need to know about Stablecoins, deposit tokens & wCBDC

The rapid evolution of digital money is reshaping financial infrastructure, creating new opportunities - and new responsibilities - for corporate treasurers. As regulators progress on frameworks like MiCA and financial institutions experiment with tokenized cash, treasurers increasingly face questions about stablecoins, deposit tokens and wholesale CBDC (wCBDC). Yet these instruments differ fundamentally in purpose, risk profile, and applicability.

In this session, Monika Schöning will demystify the digital‑money landscape and translate it into clear, practical guidance for corporate treasury teams. The presentation highlights where stablecoins offer real‑world efficiency gains, how deposit tokens extend trusted commercial‑bank money onto programmable digital rails, and why wholesale CBDC -although not held directly by corporates - has the potential to reshape FX, liquidity management, and cross‑border settlement through instant, risk‑free interbank settlement.

This session focuses on actionable insight: what to know, what questions to ask, and how to evaluate whether digital money fits their treasury specific operational, liquidity or cross‑border payment needs. Attendees will leave equipped to navigate emerging options confidently and engage internal and external stakeholders effectively.