Banks are no longer questioning the role of stablecoins in finance but are now strategizing on their integration, according to Andrew MacKenzie, CEO of Agant. This shift in focus comes amid the launch of OpenUSD, a new stablecoin backed by Coinbase, Stripe, and BlackRock, challenging Circle's USDC. Circle CEO Jeremy Allaire emphasized USDC's established liquidity and regulatory framework as key strengths. In Europe, the introduction of new stablecoins is gaining momentum, driven by the need for euro-denominated liquidity. Jan-Oliver Sell, CEO of Qivalis, highlighted the importance of the Markets in Crypto-Assets (MiCA) framework in providing regulatory oversight, though he noted the challenge of preventing settlement activity from shifting to dollar-backed stablecoins.