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Alexander Höptner on stablecoins

From Joint Custody Episode 12: Alexander Höptner, CEO of AllUnity · · GK8 - Trust is your most valuable asset

“Under MiCA a stablecoin is cash — the tokenized version of e‑money — it is not Bitcoin or some 'shitcoin'.”

Alexander Höptner
CEO, BitMEX
Controversial Policy Impact stablecoinsMiCAfinancial regulatione-money

On , Alexander Höptner, CEO at BitMEX, spoke about stablecoins during Joint Custody Episode 12: Alexander Höptner, CEO of AllUnity on GK8 - Trust is your most valuable asset.

Joint Custody Episode 12: Alexander Höptner, CEO of AllUnity
Watch on YouTube at 12:16
Joint Custody Episode 12: Alexander Höptner, CEO of AllUnity
Watch on YouTube at 12:16
In the upcoming episode of Joint Custody – The Digital Asset Dialogues, Benjamin Duve will be joined by Alexander Höptner, CEO of AllUnity, to discuss the launch of a fully MiCAR-compliant EUR stablecoin and what it means for Europe’s digital asset landscape. Backed by DWS, Flow Traders, and Galaxy, AllUnity brings together asset management, market making, and crypto-native expertise. The episode will explore how the company defines its role in the market, who it is building for, and how regulatory alignment shapes both product design and adoption. Drawing on leadership experience across Deutsche Börse, Börse Stuttgart, BitMEX, and now AllUnity, Alexander will also share his perspective on how stablecoins fit within the broader financial system, and how they may evolve alongside CBDCs, deposit tokens, and traditional settlement infrastructure.
Alexander Höptner

About Alexander Höptner

CEO · BitMEX

In a March 2026 episode of the podcast *Joint Custody – The Digital Asset Dialogues*, Alexander Höptner, CEO of AllUnity, discussed the company's launch of a MiCAR-compliant EUR stablecoin. Höptner described the stablecoin as "the tokenized version of e‑money" under MiCA regulation, distinguishing it from cryptocurrencies like Bitcoin. He stated that AllUnity's primary focus is using stablecoins for cross-border payments rather than as a settlement instrument for crypto trading. Höptner argued that for true cross-border payments, stablecoins must be available in local currencies, with foreign exchange services provided between them)Skip. He noted that stablecoins will become one component of a broader global payment system, alongside instant payment systems and central bank digital currencies, and predicted they will be "heavily used" in the future. AllUnity is backed by DWS, Flow Traders, and Galaxy.

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