Christine Lagarde Pits Circle Against JPMorgan in IMF Debate

A panel Wednesday featuring JPMorgan and Circle was set up by Christine Lagarde as a face-off between incumbent and disruptor.

The managing director of the International Monetary Fund designated roles for each person on her panel of four. In the incumbent corner: two regulators and JPMorgan. In the other: crypto fintech company Circle. The topic: “Money and Payments in the Digital Age.”

“They have each agreed to a particular game where they have been assigned a role that resembles what they do in life,” Lagarde said.

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