Dr. Bhaskar Dasgupta, Chairman, Middle East Stablecoin Association
Evaluating Automated and Machine-Initiated Transactions
Discussions around stablecoins often dismiss high transaction volumes, such as the $30 trillion recorded in 2025 by attributing them to crypto arbitrage, market makers, or automated bots. However, a transaction is not economically irrelevant simply because a machine or an AI agent initiated it. Automated bots moving liquidity, rebalancing collateral, or executing arbitrage perform essential market functions. The key question is not how much volume resembles a traditional payment, but what economic functions are migrating onto new rails.
Managing Multi-Currency Emerging Market Corridors
For GCC economies with currencies pegged to the US dollar, stablecoin dynamics play out uniquely across cross-border corridors connecting to Africa, South Asia, and other emerging markets. When AED, USD, and local currency stablecoins coexist within the same corridor, questions arise over settlement assets, liquidity placement, and foreign exchange capture. At MESA, corridor design focuses on preparing financial institutions to participate actively in this increasingly automated, multi-currency transactional ecosystem.
Redefining Payments: The Rise of Machine-Driven and Automated Liquidity Flows
Dr. Bhaskar Dasgupta, Chairman, Middle East Stablecoin Association
Evaluating Automated and Machine-Initiated Transactions
Discussions around stablecoins often dismiss high transaction volumes, such as the $30 trillion recorded in 2025 by attributing them to crypto arbitrage, market makers, or automated bots. However, a transaction is not economically irrelevant simply because a machine or an AI agent initiated it. Automated bots moving liquidity, rebalancing collateral, or executing arbitrage perform essential market functions. The key question is not how much volume resembles a traditional payment, but what economic functions are migrating onto new rails.
Managing Multi-Currency Emerging Market Corridors
For GCC economies with currencies pegged to the US dollar, stablecoin dynamics play out uniquely across cross-border corridors connecting to Africa, South Asia, and other emerging markets. When AED, USD, and local currency stablecoins coexist within the same corridor, questions arise over settlement assets, liquidity placement, and foreign exchange capture. At MESA, corridor design focuses on preparing financial institutions to participate actively in this increasingly automated, multi-currency transactional ecosystem.