SVP, Stablecoins
Ripple
Jack McDonald is SVP of Stablecoins at Ripple, as well as CEO of Standard Custody & Trust Co., a New York-licensed digital asset custodian acquired by Ripple in 2024. At Ripple, Jack leads the company’s stablecoin strategy, including the development and rollout of Ripple USD (RLUSD), a U.S. dollar-backed stablecoin issued on the XRP Ledger and Ethereum, and licensed by the New York Department of Financial Services.
Previously, Jack spent a decade as CEO of Conifer Financial Services, where he grew assets under administration from $5 billion to $125 billion, leading to a successful exit in 2016. He also spent several years on the sell-side at major investment banks, including senior roles at UBS Investment Bank as Managing Director and Head of Equity Sales, and at Schroders in institutional sales.
He holds a J.D. from Georgetown University Law Center and a B.S.F.S. in Foreign Service from Georgetown University. Jack lives in San Francisco.
Cross-border payments are undergoing their most significant transformation in decades, driven by stablecoins, tokenized deposits, real-time payment rails, and regulatory shifts across major jurisdictions. For banks, stablecoins are no longer a theoretical innovation—they are becoming a strategic question of infrastructure, liquidity, compliance, and customer ownership.
This executive panel will debate what a “winning” cross-border model looks like in 2026 vs. 2030, and how stablecoins and on-chain settlement models are reshaping cross-border payments economics, market structure, and competitive dynamics. Panelists will explore whether banks should issue, integrate, partner, or compete with stablecoin providers—and how to modernize cross-border strategies to balance speed, cost, control, and regulatory accountability in a rapidly evolving global payments landscape.
Cross-border payments will be real-time, programmable, and global by default. The strategic question for banks is not whether stablecoins will be part of that future—but whether banks will define the rails, or simply ride on them. Discussion points will include: