Aurora Cuadros, corporate director of Securities Services of Cecabank, participates in an observatory organised by elEconomista in which the role of the digital assets is analysed in the strategy of the banking, emphasising its potential to improve the efficiency, the traceability and the competitiveness of the sector.
During the meeting, Aurora Cuadros underlines that the digital assets have happened of receiving as a technological innovation or even a threat to become a strategic variable for the banking business, marking a critical period for the evolution of the financial sector.
In this context, emphasises especially the role of the stablecoins, that “they come to solve pains of the traditional”world, contributing great traceability, innovation stability and new opportunities, as well as a competitive edge to European level.
Cuadros explains that these digital assets allow tackling ineficiencias structural of the financial system, as the slowness in the settlements, the friction in the cross-border payments or the dependence of intermediaries, contributing to improve the operational efficiency and expedite the processes.
Similarly, puts the focus in one of the challenges principals of the sector: achieve the interoperability between the world on-chain and off-chain, key for guarantee an effective integration between new digital models and the traditional financial infrastructure.
Lastly, points out the importance of that the companies define with clarity its strategic stance in this field, prioritising the approach of business and the value that the digital assets can contribute within its model, above purely budgetary considerations.
