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Rahul Advani
Global Co-Head of Policy
Ripple
View LinkedIn profileRahul Advani is the Global Co-Head of Policy at Ripple.
Based in Singapore, Rahul oversees Ripple’s engagement and advocacy with regulators and policymakers in the APAC and EMEA regions, working with Ripple's regional policy teams to support and develop regulation that promotes responsible innovation in digital assets and blockchain technology.
Prior to joining Ripple, Rahul spent over 12 years in financial services, most recently as the Head of Public Policy, Asia Pacific at the International Swaps and Derivatives Association, Inc. Prior to that, Rahul worked with Bloomberg L.P. in their offices in Mumbai, Singapore, and Hong Kong in multiple roles across valuations, business development, and sales for both exchange-traded and OTC derivative products.
Rahul is the Chair of the Blockchain Association of Singapore Stablecoin and CBDC Subcommittee, and an Ambassador for the Global Blockchain Business Council (GBBC). He is also Co-Chair of the GBBC Digital Money & Wallets Working Group.
He holds a Master in Public Policy from the Lee Kuan Yew School of Public Policy in Singapore.
Speaking At
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11:30am–1:00pmTue 17 NovPublic-Private RoundtableRoundtable Room 3Invite-Only
Tokenized Market Infrastructure – The Scaling Challenge
Multi-Issuance and Its Alternatives: Making Cross-Border Stablecoin Recognition Work
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Aymeric SalleyHead of Digital Assets PlatformBanking Circle
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Chengyi OngDirector of Policy & Regulatory Strategy, APACCircle
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Jesse McWatersEVP, Head of Global PolicyMastercard
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Jonah CraneHead of Global Regulatory & Policy StrategyStripe
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June LauAPAC Head of Policy & Regulatory AffairsElliptic
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Lesley ChavkinHead of PolicyRibbit Capital
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Peter KerstensAdvisor, DG FISMAEuropean Commission
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Rahul AdvaniGlobal Co-Head of PolicyRipple
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Sasha MillsExecutive Director of Financial Market InfrastructureBank of England
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Jannah PatchayExecutive in Residence & Board MemberGlobal Digital FinanceModerator
About this session
The GDF Global Stablecoin Regulatory Playbook, published in January 2026, set out shared terminology and outcome-based principles for stablecoin regulation across jurisdictions. The subsequent report ‘Global Stablecoin Regulatory Frameworks: Closing the Gap’ drawn from insights at the Point Zero Forum in June 2026 took this work a step further. It mapped where regulators already agree and isolated the one problem that domestic frameworks were never designed to solve: how a stablecoin issued under one jurisdiction's rules can circulate safely under another's.
The report framed two models for scaling beyond domestic rules. The first keeps issuance local while seeking to preserve a unified token, through multiple licensed entities issuing a fungible stablecoin under comparable standards. The second permits a foreign-issued stablecoin to operate through recognition based on comparable, rather than identical, regulatory outcomes. It also recorded differing regulatory perspectives on the perceived risk associated with multi-issuance, particularly correlated redemption pressure and the resilience of a stablecoin’s fungibility under stress.
The roundtable convenes policymakers, global standard-setters and industry leaders to examine how these models could operate in practice. When is multi-issuance necessary to meet host-jurisdiction objectives? When can unilateral or mutual recognition provide sufficient safeguards? Where a combination of the two is appropriate, how should responsibility for reserves, redemption, supervision and crisis management be allocated? The session will focus on the conditions needed to make each approach workable while preserving fungibility and avoiding unnecessary regulatory fragmentation.
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