Third Conference on Stablecoins and Tokenization

Hosted by the Federal Reserve Banks of Boston and New York

May 22, 2026

8:30 A.M. – 5:45 P.M. ET

Virtual

On Friday, May 22, 2026, the Federal Reserve Bank of Boston and Federal Reserve Bank of New York will host the Third Conference on Stablecoins and Tokenization. The conference will bring together researchers, regulators, and industry participants to discuss the potential impact of stablecoins and tokenization of cash-like products on the broader financial system, as well as implications for financial stability. Tobias Adrian (IMF) and Gary Gorton (Yale) will provide the keynote addresses.

Audience

This conference is open to the public.

Media

This conference is open to media. All remarks are on the record. Media who wish to attend must register by contacting Media Relations at media@bos.frb.org.

Conference Organizers:

Kenechukwu Anadu, Federal Reserve Bank of Boston
Marco Cipriani, Federal Reserve Bank of New York

Agenda as of April 29, 2026 (speakers are bolded):

Friday, May 22, 2026, from 8:30 a.m. to 5:45 p.m. ET.

Each talk is 45 minutes, including 15 minutes for questions. Breaks are 15 minutes.

8:30 a.m. to 8:45 a.m.

Opening Remarks

Kenechukwu Anadu (Federal Reserve Bank of Boston)

8:45 a.m. to 9:30 a.m.

Morning Keynote Address

Tobias Adrian (International Monetary Fund)

9:30 a.m. to 9:45 a.m.

Break

9:45 a.m. to 10:30 a.m.

Stablecoin Flows and Spillovers to FX Markets

Iñaki Aldasoro (Bank for International Settlements), Paula Beltran (International Monetary Fund), Federico Grinberg (International Monetary Fund)

10:30 a.m. to 10:45 a.m.

Break

10:45 a.m. to 11:30 a.m.

Flight to Safety: Evaluating Stablecoin’s Role as a Safe‑Haven Asset in DeFi Markets

Alan Chernoff (The College of New Jersey), Julapa Jagtiani (Federal Reserve Bank of Philadelphia), Nathaniel Yoshida (Federal Reserve Bank of Philadelphia)

11:30 a.m. to 12:45 p.m.

Lunch Break

12:45 p.m. to 1:30 p.m.

Demand for Safety in the Crypto Ecosystem

Murillo Campello (University of Florida), Angela Gallo (Bayes Business School), Lira Mota (Massachusetts Institute of Technology), Tammaro Terracciano (IESE Business School)

1:30 p.m. to 1:45 p.m.