A Very Stable Conference, Season 1.
February 12, 2025 at The Pearl, San Francisco.
One afternoon, 300 builders, the Fed
The detailsWednesday, February 12, 2025: an invite-only afternoon of keynotes and panels, closing with an evening reception.
The Pearl in Dogpatch, San Francisco: around 300 builders, banks, and enterprise payments leaders in one room.
Fed Governor Christopher Waller delivered “Reflections on a Maturing Stablecoin Market,” published in full by the Federal Reserve.
Nikhil, in the room where it started.
Who was thereSeason 1 framed enterprise demand running ahead of compliance infrastructure.

Nikhil Srinivasan
Founder & CEOSpent the day in the room where the stablecoin conversation turned serious: builders and enterprise payments leaders talking about what it takes to run regulated dollar movement in production, the problem Infinite exists to solve.
What we talked about
The conversationsThe Fed took stablecoins seriously
Governor Waller’s keynote treated stablecoins as maturing payments infrastructure: real use cases in global dollar access and cross-border payments, and a call for a US regulatory framework that addresses the risks directly rather than fragmenting the market.
Enterprise demand, blocked on compliance
The recurring finding of the day: enterprise interest in stablecoins was high, but deployment kept stalling on regulatory uncertainty and counterparty risk. That gap between demand and production is exactly the problem Infinite set out to solve.
The room that became the market
Speakers from Circle, Visa, Bridge, Paxos, and Lead Bank, with operators from the exchanges, issuers, and platforms in between: Season 1 gathered the people who spent the following year taking stablecoins into production.
A Very Stable Conference, answered
Was Infinite at A Very Stable Conference Season 1?
Yes. Founder and CEO Nikhil Srinivasan was at A Very Stable Conference Season 1 on February 12, 2025 at The Pearl in San Francisco, the invite-only stablecoin conference of around 300 builders and enterprise payments leaders.
What was A Very Stable Conference Season 1?
An invite-only, single-afternoon stablecoin conference in San Francisco organized by partners at Refract Ventures and Lightspeed, with around 300 attendees under the tagline “Stablecoin Infrastructure for Real World Applications.” It is unrelated to Stablecon, despite the similar name.
Did the Federal Reserve speak at A Very Stable Conference?
Yes. Fed Governor Christopher Waller delivered a keynote titled “Reflections on a Maturing Stablecoin Market,” published in full on federalreserve.gov, covering stablecoin use cases in global dollar access and cross-border payments, and the case for a US regulatory framework.
Did Infinite return for Season 2?
Yes. Nikhil was back for A Very Stable Conference Season 2 on March 5, 2026 at Terra Gallery in San Francisco, the edition where the conversation moved from stablecoin theory to production.
The demand was real. The infrastructure is here now.
Book a demo and see what that room wanted in 2025.