

ROUNDTABLE - Too Small to Matter? - The Strategic Case for Nordic Stablecoins and Tokenized Deposits
Global finance is being rewired on railways where USD-denominated Stablecoins are represented by more than 99% of the market.
Is the Nordics too small to matter?
A Stablecoin issued in SEK, NOK or DKK would at the moment obviously not make sense from a commercial global liquidity perspective.
However, the Swedish Central Bank (Riksbanken) highlight in their Payments Report 2026 that payments between Nordic Countries are not sufficiently efficient and need to be cheaper, faster, more accessible and more transparent.
Can Stablecoins or Tokenized Deposits contribute to this?
In addition, more and more Nordic and European banks are joining consortium issuing Stablecoins in EUR. We also raise the questions towards the need for a settlement token denominated in local non-EUR currencies such as SEK, NOK and DKK, but also e.g. GBP.
What is the role in a now, next and beyond perspective of NOK, SEK, and DKK in a world of programmable money?
This Chatham House Rules Roundtable is designed as an interactive roundtable with a diverse mix of participants from both the private and public sectors to encourage an open, honest, pragmatic and innovative dialogue with focus on actionable next steps such as a Nordic Framework.
The focus will solely be on B2B, interbank and R&D use cases rather than retail.
This roundtable is relevant for:
Banks and financial infrastructure providers
Fintech and blockchain companies
Central banks, regulators, and public sector
Corporates and treasury functions
Policy makers
Academia
Innovators
The Roundtable will be led by Magnus Jones from Nordic Blockchain Association.
Due to limited seating, participation is by confirmation only. We welcome all registrations of interest and will confirm selected attendees.
📍 On-site at Nordic Blockchain Conference
📅 May 26
⏰ 15:00