Page 7 - Wealth-Adviser-Issue-118 (FWP)

ISSUE 118
AUGUST 2025

protections and interchange-fee reforms . References
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Ultimately, trust in money has long hinged on both 1. Magellan Asset Management (2025, August 6). Will Stablecoins
convenience and confidence. As stablecoins reshape the Change the Way We Pay for Things? Firstlinks.
payments landscape, consumers must weigh the promise of 2. Bitpace (2025, April). How Stablecoins Can Strengthen Remittance
speed and cost savings against the potential perils of surveil- and Payroll Systems for Global Businesses.
lance and system fragility. 3. Circle USDC (2025, January). Stablecoin Use Cases: Payments, DeFi,
Treasury & More.
Conclusion 4. CryptoNews Australia (2025, July). Australia’s Crypto Moment: Why
AUD Stablecoins Matter.
Stablecoins represent a profound shift in how value can 5. Cato Institute (2025, April). Stablecoin Legislation Must Ensure
be stored and moved—offering speed, cost efficiencies and Financial Privacy.
inclusion for underserved markets. Yet their public-ledger 6. Binance (2025, April 24). Concerns Raised Over Privacy in U.S.
design and evolving regulatory frameworks give rise to Stablecoin Legislation.
serious concerns around privacy and control. In an unstable 7. Proton (2025, March). Bitcoin vs. CBDCs: The Difference Is Control.
world, Australians should remain vigilant: embrace the 8. Australian Payments System Board (2023, June). Payments System
innovative potential of stablecoins for specific use cases, Modernisation (Licensing) Consultation Paper. Treasury.
but guard against unwitting surrender of financial privacy. 9. Reserve Bank of Australia (2022, December). Stablecoins: Market
As digital and regulated payments converge, the future of Developments, Risks and Regulation. RBA Bulletin.
money may well be stable—yet the liberty it affords will 10. Taurus (2025, June 26). Taurus Releases Open Source Privacy Tech for
depend on the trade-offs each consumer is willing to accept. Stablecoins, Starts with Circle’s USDC. CoinDesk.

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