Featured speakers
Hosted by
Karin Keller-Sutter
Federal Councillor & Head of the Federal Department of Finance, Switzerland
Andrea Luca Aerni
Policy Advisor Digital Finance and Innovation
State Secretariat for International Finance (SIF)
Andrea joined the State Secretariat for International Finance (SIF) in March 2026 as Policy Advisor in the Markets and Innovation section. In this capacity, he monitors and analyzes economic, regulatory, and technical developments in artificial intelligence, blockchain, cloud banking, electronic identity, and open finance, assessing their implications for the Swiss financial sector.
Prior to this role, Andrea served at the Swiss Bankers Association (SBA), where he held co-responsibility for the digital finance portfolio. He acted as the association's lead on digital assets and played a central role in shaping its positions on digital currencies.
Earlier in his career, Andrea held positions at a private bank in Hamburg, the Swiss Federal Department of Foreign Affairs (FDFA), and the Swiss Business Hub GCC in Dubai, gaining broad international exposure across the private and public sectors.
Andrea holds a Master of Arts in International Relations and Governance and a Bachelor of Arts in International Affairs, both from the University of St. Gallen (HSG).
Speaking at
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2:00–3:30pmThu 25 JunGFTN InsightsRoundtable Room 1, Ground FloorOpenModerator
Blueprint for Digital Assets
Stablecoins and the Monetary Order: What Is at Stake and What Should Drive their Design?
GFTN InsightsRoundtable Room 1, Ground FloorOpenModerator
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Andreas KubliManaging Director Group Head of Digital AssetsUBS
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Dr. Attilio ZanettiAlternate Member of the Governing BoardSwiss National Bank
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Aymeric SalleyHead of Digital Assets PlatformBanking Circle
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Christian SchmidSenior Partner & Global Leader | Global Banking & CIBBCG
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Evaldas RuzgysMember of the BoardBank of Lithuania
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Michael ManzHead of the Financial Systems & Financial Markets DepartmentState Secretariat for International Finance SIF
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Pascale BrudererFounder & ChairwomanSwiss Stablecoin AG
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Rebecca MunDirectorS&P Global
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Andrea Luca AerniPolicy Advisor Digital Finance and InnovationState Secretariat for International Finance (SIF)Moderator
About this session
The global monetary system has a plumbing problem. Correspondent banking is slow, expensive, and exclusive, and now a $300 billion stablecoin market has grown around it. Yet 97% of that market is dollar-denominated, issuers hold hundreds of billions in short-term Treasuries, already impacting yields, and the largest stablecoin carries rating agencies’ lowest stability ratings.
Stablecoins could become genuinely useful payments infrastructure: for cross-border payments, programmable settlement, and treasury operations. In this roundtable we explore what it takes to make stablecoins truly stable and useful for broad adoption, and why Switzerland is well-placed to help (re-)define what responsible stablecoin design looks like. -

