Stablecoins are no longer experimental; they are becoming a core part of global finance, raising new questions about regulation, monetary sovereignty, and the future of financial infrastructure. In this episode of Macro Matters, Heath Tarbert joins Emily Slater to discuss the rise of stablecoins, the evolving regulatory frameworks, and how global approaches—from Washington to Singapore—are shaping the next phase of digital finance. As the financial system begins to move onchain, what will it take to build the infrastructure and coordination needed to support it?

Heath Tarbert is the President of Circle and a member of BWC's Advisory Council. He previously served as Assistant Secretary of the Treasury for International Markets as well as Chairman of the Commodity Futures Trading Commission (CFTC) and Special Counsel to the Senate Banking Committee.

Latin America finds itself in a pivotal moment. Fresh from CAF’s Economic Forum in Panama City, this episode of Macro Matters explores how the region is navigating a shifting global order, renewed U.S. engagement in the Western Hemisphere, and growing momentum around regional integration. Susan Segal joins host Emily Slater to unpack key takeaways from the conference, discuss why integration has reemerged as a central theme, and share why she is more optimistic than ever about Latin America’s future—from investment and multilateralism to leadership on the global stage.

Susan Segal is the President and CEO of Americas Society/Council of the Americas. She has spent decades working across Latin America in both the private and public sectors, including during the region’s debt crises of the 1980s and 1990s. She has been deeply involved in Bretton Woods Committee sovereign debt work and currently serves on its Advisory Council.

India’s economic momentum is reshaping the global landscape. From rapid growth and expanding trade ties to digital innovation and a multi-alignment foreign policy, India is emerging as a central player in the world economy. In this episode, Udaibir S. Das joins host Emily Slater to unpack what’s fueling India’s rise, how its strategic choices are landing on the global stage, and what this means for the future of global economic governance.

Udaibir S. Das is the former General Manager of the Reserve Bank of India. He has held senior roles at the IMF and the Bank for International Settlements, including leading Basel III implementation at the BIS. He currently serves as a non-resident fellow at the National Council of Applied Economic Research and as a non-resident adviser to the Bank of England and the Toronto Centre.