At DAS NYC 2026, a panel of finance leaders from JP Morgan, Citi, Paxos, and Stellar examine why most blockchains fail institutions. The answer: monolithic design. Stellar's approach relies on configurability, with granular asset controls, privacy, clawback, and freeze features, allowing each institution to tailor the blockchain to their needs.
At DAS NYC 2026, industry leaders from major financial institutions examine why blockchains have failed to gain institutional adoption. The fundamental problem: monolithic architecture treats all assets identically, ignoring the regulatory and operational needs of financial institutions. Speakers from JP Morgan, Citi, Paxos, and Stellar discuss what institutions actually need: privacy for competitive data, clawback functionality for error correction, freeze capabilities for compliance, and segregated customer accounts. Stellar's network, built with these features from inception, demonstrates a different architectural approach: a public, open network with configurable asset-level controls. The talk contrasts this with private blockchain approaches and explains why open, configurable infrastructure is superior for institutional adoption and ecosystem evolution.
