Forrest Hamilton's questions to POPULAR (BPOP) leadership • Q2 2025
Question
Forrest Hamilton, on behalf of Gerard Cassidy, inquired about the potential medium to long-term impact of stablecoins on Popular's business and deposit base, particularly in light of the recently approved Genius Act.
Answer
President and CEO Javier Ferrer responded that the company is actively evaluating the opportunity. He confirmed that a dedicated team has been assembled to perform deeper analysis and explore potential use cases for stablecoins, acknowledging that while it is still 'early innings,' Popular has begun to address the emerging technology.