Stable Summit IV comes to London with a morning built around non-dollar stablecoins and FX

Stable Summit IV: London is a one-day conference on Friday, Nov 13, listed from 9:00 AM to 6:00 PM GMT at Protein Studios Shoreditch, 31 New Inn Yard, London EC2A 3EY ↗2. It shares the venue with Capital Summit, and the official ticket page sells passes that cover both main stages ↗2. The organisers describe Stable Summit as a conference series on stablecoins and programmable money, running since 2023, and list an audience of 400 to 600 senior attendees for the London edition ↗3. The published Studio 5 agenda starts at 10:05 AM and runs to 5:25 PM, and notes that it may still change ↗1.

This is the third Stable Summit of 2026, after Cannes on March 27 and 28 and New York City on June 4 ↗3. StreamETH's Stable Summit channel already holds the talks from those editions, including the New York and Cannes keynotes cited here 1234.

The London morning is built around currencies that are not the dollar. Maximilian Roszko of Curve Finance opens at 10:05 AM with a keynote titled How to Bootstrap a Non-USD Stablecoin ↗1. At 10:20 AM he is listed on a panel, Bringing Real-World FX Flows Onchain, with Josh Reyes of tGBP, Johannes Kern of the Frankencoin Association and Lory Kehoe of Aave ↗1.

Roszko's New York keynote, on June 4, was about market design after a stablecoin launch 1. He told the room that very little TVL is needed to support large stablecoin swaps, and that flow matters even more for FX pools because they have to track an off-chain rate 1. "Moving liquidity around has a cost," he said. "We've done simulations. This can range anywhere from 3 to 10% per year of the pool's TVL" 1.

Kern's New York keynote argued that more than 99% of the stablecoin market is in dollars 2. He said a payment can pass through a single liquid asset in seconds, which helps explain that dollar share, but that "if you look at stable coins as a store of value, then the denomination starts to matter" 2. He is back on the London FX panel 2↗1.

Later in the morning, a panel on the use cases and monetary impact of deposit tokens, stablecoins and CBDCs is listed with Sebastien Derivaux of Steakhouse Financial, Myles Wright of Fnality and Ryan Hayward of Barclays, moderated by Otto Jacobsson of YAP Global ↗1. Derivaux, who is on that panel, told the Cannes edition that a stablecoin is a debt, a promise to repay, and that issuers often focus on the asset side when the product they need people to accept is the liability 3↗1.

The agenda then lists a keynote on a trading desk's view of stablecoin carry, a talk titled When the Agent Holds the Wallet: Securing Stablecoin Payments Made by AI, and Calibrating for Confidence in a New Form of Money - Bank of England Systemic Stablecoin Regime ↗1. The published schedule does not yet name speakers for the last two of those slots ↗1.

The afternoon opens with a panel on intraday funding and the cost of continuous settlement, listed with Immo Garlichs of Deutsche Bank, Tom Chesnoy of Checkout.com and Mark John of Galaxy, moderated by Tesa Ho of Flashbots ↗1. That is followed by What Enterprise Finance Needs Before It Will Settle Onchain, with Bernhard Schweizer of SAP, Peter Grosskopf of AllUnity and Harald Patt of BitGo Europe, moderated by Christina Frankopan of Lazard ↗1. A later fireside is listed as Circle x Pulsar (Stablecoin FX), and the day closes at 4:45 PM with Stablecoin Distribution Economics and Funding User Acquisition, including Will Harborne of Rhino.fi, Markus Franke of Celo Core Co. and Andranik Mnatsakanyan of Visa ↗1.

Franke spoke in New York on on-chain FX and multi-currency stablecoins, after saying he had rejoined Celo as head of stablecoins 4. He said the off-chain FX market "settles in T plus two days" and is "not 24/7" 4. He also said that in that market, "prices are determined off-chain. They're determined in the interbanking market, they're determined on FX desks in London or Singapore" 4.

Capital Summit runs a parallel agenda in Studio 6 the same day, also marked as subject to change ↗5. StreamETH has a coverage page for the London summit and, as of this writing, no London recordings yet 1↗4.