Stablecoins Move from Concept to Commerce: Enterprise Payments at Sibos Frankfurt

At Sibos Frankfurt, industry leaders from EY, the Enterprise Ethereum Alliance (EEA), major banks, infrastructure firms and enterprise software vendors concluded that stablecoins and programmable money have shifted from theoretical use cases to practical business payments. Key speakers included Paul Brody (EY/EEA), Naveen Mallela (J.P. Morgan), Guillaume Dechaux (ConsenSys), Adi Ben-Ari (Applied Blockchain), Rhomaios Ram (Fnality) and Bernhard Schweizer (SAP). Main points: shared programmable ledgers are being adopted inside banks to unify cash and assets, enabling new intraday liquidity tools. Interoperability between onchain and offchain systems is critical. Infrastructure providers report usability is approaching Web2 levels (eg. MetaMask and MetaMask Card), making payments seamless for end users. Real-world use cases already active include remittance-like business flows in South America, stablecoin escrow for supply chains, and wholesale settlement projects using central-bank-grade settlement rails. Barriers remain: regulatory certainty for large corporates and systemically important infrastructure is slow and costly; enterprises require stablecoins, deposit tokens and bank payments to plug into existing ERP workflows (eg. SAP) without changing processes. Implication: the industry’s focus is moving from proving onchain payments to delivering enterprise-grade privacy, regulatory compliance, predictable execution and seamless ERP integration. The near-term agenda is operationalization at scale rather than technical feasibility.