The JDB Report is discussing important moves by China to augment its central-bank digital currency, the e-RMB (also known as the e-CNY or e-yuan). See our report on two groundbreaking initiatives that the People’s Bank of China launched at the start of 2026.
See our related video with Richard Turrin on e-RMB yields.
Alexander Feenie is founder and CEO of Stride, helping banks, fintechs, and telcos build last-mile infrastructure to accept and offer regulate stablecoin services to their customers. He has also run Chavanette Advisors since 2018, a provider of research and related services for central banks regarding CBDC design and deployment. His earlier career spanned investment banking, management consulting, and big tech, including roles at Apple and Porsche.
Timecodes
0:00 - Alex Feenie, Stride
1:56 - Overview of CBDCs and stablecoin developments
6:10 - China as an example or an outlier
7:05 - What commercial banks need to handle CBDCs and stablecoins
9:41 - Why are many CBDC projects stalling?
12:09 - How other central banks are watching China developments
14:47 - Interoperability versus walled gardens, and battles over the US Clarity Act
18:47 - What will define those stablecoin projects most likely to endure?
21:13 - Are stablecoins being built for compliance?
24:33 - How easily are stablecoins integrated into TradFi processes?
28:21 - Helping tier-2 banks invest wisely in new tech architecture
