Data on its own is only raw material. It becomes information when it is structured, and it becomes intelligence when you add business context, which is what turns cyber facts into decisions leaders can act on.

Stablecoins are moving from pilot projects into live bank infrastructure — but the path from proof-of-concept to production is anything but simple. Stephen Richardson, Chief Strategy Officer and Head of Banking at Fireblocks, joins John Lagman of Bloomberg at REDeFiNE Tomorrow 2026 to break down where banks actually stand with stablecoins: the infrastructure decisions they have to make, why most are still in early-stage evaluation, and what a scaled operating model looks like.