The Central Bank of Chile reported the close of its 28th Annual Conference, themed around “Monetary policy, financial markets and future challenges” as part of the institution’s centenary. The event brought together academics, researchers and representatives from universities, central banks and international organisations, and included a keynote discussion on “Money and sovereignty” in the context of the international debate on stablecoins. The two-day conference drew around 200 in-person participants on each day and almost 2,000 streaming connections across sessions. Co-organised by Ricardo Caballero (Massachusetts Institute of Technology) and Ernesto Pastén (Monetary Policy Division), the agenda examined the role of the US dollar as a global safe asset, monetary policy risk management and fiscal considerations in the current environment. The closing lecture, delivered by Gita Gopinath (Harvard University and former IMF First Deputy Managing Director), focused on how stablecoins are affecting the international monetary regime and the future challenges they pose for economies.