Money20/20 Blockchain Summit

The Money20/20 Blockchain Summit takes place in October 2026, with industry participants gathering to discuss stablecoin payments and competition with traditional banking. No specific coins are tied to the event, although stablecoins such as USDC and USDT feature in the surrounding discussion.

What is happening

The summit is a gathering of the blockchain and payments industry organized under the Money20/20 brand. According to the source, it is taking place at the time of publication, with stablecoin payments and the relationship between stablecoins and banks among the key topics. The exact dates and the venue are not given in the source.

Context for the discussion comes from BIS Working Paper #1382 by Rashad Ahmed and Iñaki Aldasoro. Using weekly US data from 2019 to 2025, the authors found that stablecoins and bank deposits act as substitutes: when banks raise deposit rates, stablecoin growth slows. In their estimates, a 1-basis-point rise in deposit rates cuts typical 10-week stablecoin growth by roughly 3 percentage points, and the effect was about three times larger once banks reprice more aggressively above a 3% federal funds rate. USDC proved more sensitive than USDT.

The article also points to the supply side of the market: Visa Direct has moved stablecoin-powered cross-border payments into commercial production, Mastercard has connected its Global Money Platform to 130 countries, and stablecoin payment volume exceeded $400 billion in the first eight months of 2026.

Why it matters

The summit brings together the parties whose interests intersect on stablecoins: payment networks, banks and crypto firms. The source notes that the GENIUS Act, signed in July 2025, bars permitted payment stablecoin issuers from paying holders interest or yield solely for holding a stablecoin, with the effective date set for January 18, 2027. The ban applies to issuers only; exchanges and third-party platforms may still pay interest, which splits the market between issuance and yield.

For holders and traders, the relevant theme is whether stablecoin growth depends more on utility as a payment rail than on yield. The BIS paper has limits: it covers a period of high US interest rates, shows correlation rather than proof that stablecoins reduced bank deposits or lending, and does not extend to non-stablecoin assets such as Bitcoin or Ethereum. Statements and announcements from the summit may add to this debate, but the source does not describe any specific planned releases.

Key details

• Date: October 2026 (month precision; exact days not specified)
• Project: Money20/20
• Coins: none specified
• Category: Summit
• Status: confirmed
• Source: Forkast