What Happens When 100 Banks All Launch Their Own Coin?

Apply to Work With Me: https://shorturl.at/kDd6W The European Central Bank launched Pontes, a settlement system for tokenized assets, and 13 institutions joined on day one. Dr. Kamilah Stevenson explains what that means for stablecoins and the case for a neutral bridge asset. The video walks through how Pontes lets banks settle tokenized assets such as bonds, funds and stocks in official central bank money, and which institutions joined, including Deutsche Bank, Santander and Societe Generale. Stevenson explains why the ECB says tokenization was held back without a neutral way to settle, and why a euro is not neutral once a bank must settle in another currency. She then looks at the United States, where 21 major banks including Goldman, Citi and Bank of America, more than 140 companies including Visa, Mastercard and BlackRock, thousands of smaller banks and a few giant banks are each pursuing their own digital dollar. The connection math follows: one link for two issuers, 45 for ten and almost 5,000 for a hundred. She also covers the Bank for International Settlements warning about fragmentation, and why Pontes means bridge in Latin, which frames her case for a bridge asset like XRP with deep liquidity. By the end, viewers will understand why each new stablecoin or central bank launch widens the connection problem instead of solving it, and how to weigh every new announcement against that framework. Chapters 00:00 While Washington argued 01:15 The ECB launches Pontes 02:52 Why a euro is not neutral 04:06 Four camps inside America 07:39 The connection math 09:28 What the BIS documented 10:53 The missing middle Educational content only, not financial advice. No price predictions. #investing #stablecoins #XRP