Navigating Tokenized Money: Bridging the New Hybrid Monetary Ecosystem

About the Webinar

PRESENTER:

• Lee Wetherington, Senior Director of Corporate Strategy at Jack Henry & Associates

ABOUT THE WEBINAR:

Tokenized money – whether in the form of stablecoins, tokenized deposits, or deposit tokens – is becoming an increasingly important part of the financial landscape. As this technology evolves, banks are determining how and when it fits into their near- and long term strategy. Some are already exploring tokenized money initiatives, while others are monitoring regulatory developments before making decisions. And many are simply seeking clarity on where the industry is headed. Regardless of which use cases reach adoption at scale over the next three to five years, banks must provide the on- and off-ramps bridging traditional fiat (dollar) networks and cryptographic (blockchain based) networks while maintaining stability, compliance, and settlement in a single control pane, i.e., a hybrid ledger that seamlessly orchestrates money movement between and among centralized and decentralized monetary networks. Join Lee Wetherington for a no-nonsense view of the future of money, the infrastructure it requires and what to do now, next and soon.

THIS WEBINAR WILL COVER: 

• Regulatory update on the OCC’s proposed rule implementing The GENIUS Act and the strategic impact of the impending CLARITY Act
• Distinguish stablecoins from tokenized deposits and deposit tokens
• Most compelling use cases for tokenized money in its various forms, alongside the critical infrastructure required to bridge centralized ledgers with decentralized networks

ABOUT OUR PRESENTER:

Lee Wetherington

Senior Director of Corporate Strategy, Jack Henry & Associates

Lee Wetherington is Senior Director of Corporate Strategy at Jack Henry & Associates® (JKHY: NASDAQ). Lee directs the development of actionable insights, forecasts and strategy for Jack Henry and the financial services industry at large. To this end, he guides a team of analysts who track the trends and implications of emerging tech disrupting and transforming the financial services industry. Lee delivers keynotes nationwide focusing upon opportunities and challenges in data, AI, fintech, payments and digital banking, and he is widely renowned for his unique style of delivery.

Lee has delivered over 700 keynotes for state, national, and international trade groups, including Finovate, FinXTech, the American Bankers Association (ABA), America’s Credit Unions, Independent Community Bankers of America (ICBA), Credit Union Executive Society (CUES), Bank Administration Institute (BAI), American Institute of CPAs (AICPA), and the Federal Deposit Insurance Corporation (FDIC). He has also served as Technology Faculty Chair for several graduate schools of banking and management and has delivered guest lectures on leadership and technology at universities across the country. He was named "Strategic Alliance Executive of the Year" at the Golden Bridge Awards, which recognizes the world's top executives across every major industry globally. Lee's articles and commentary have been published widely across the financial services industry, and he is lead author of Jack Henry’s annual Strategy Benchmark, a bellwether survey and study of financial institution CEOs’ strategic priorities. 

Lee received bachelor’s degrees in Economics and English from Duke University in 1990, and, in 1993, he completed graduate studies at Emory University before joining a fintech born out of the backroom of a community financial institution in deep South Georgia.
 

**CBA Webinars are free for all CBA members. Please login to register. If you have any questions or need assistance with registration please reach out to Isabella Brennan (ibrennan@consumerbankers.com).