Stablecoins are rapidly becoming financial infrastructure, but the traditional “Three Lines of Defense” model wasn’t designed for programmable money. In this session, experts from Reserve, Reown, Wave Digital, and Hypernative discuss how institutions are adapting their risk, governance, and monitoring frameworks to operate stablecoin systems safely at scale.

• Where stablecoin risk actually emerges
• Why traditional controls like audits and AML checks are no longer enough for programmable finance
• How institutions design governance safeguards, multisig controls, and treasury oversight
• What operational monitoring looks like for stablecoin systems running in production