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Mykolas Majauskas
Global Head of Policy
Bybit
Mykolas has built his career in financial regulation, banking and digital assets.
As Global Head of Policy at Bybit, he leads the company's policy and regulatory engagement across major markets to support international expansion. Prior to joining Bybit, he held senior leadership roles in the digital asset and traditional finance sectors, with responsibility for regulatory strategy, institutional relationships and business management.
Earlier in his career, he served as Chairman of the Finance Committee and Member of Parliament in Lithuania, where he was closely involved in shaping financial and economic policy. He also served as Chief Economic Adviser to the Prime Minister of Lithuania, and previously worked in investment banking at Barclays Capital in London.
Speaking at the summit
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1:30–3:00pmSun 15 NovRoundtableOpen
Baray - Monetary Sovereignty
Beyond the Dollar: Stablecoins, Local-Currency Settlement & the Future of Money
About this session
Most stablecoins in circulation are linked to the US dollar. For economies seeking to reduce their dependence on the dollar, that creates a fundamental contradiction: the same technology that can lower the cost of payments may also make dollar-denominated money easier to use. At the same time, local-currency settlement is advancing through bilateral arrangements, regional initiatives and domestic payment systems. The roundtable examines that tension directly. When do stablecoins solve a genuine user problem, and when do they reinforce existing monetary dependence? What would a credible local-currency digital instrument require in reserves, governance, redemption and supervision? And where does local-currency settlement provide a better answer than creating another form of digital money?
