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The image shows a panel discussion on "Stablecoins: The Emperor's New Clothes?" at a conference at the Building Blocks 25 event in Tel Aviv-Yafo, Israel. There are four panelists on stage, sitting on chairs in front of a large screen displaying the topic of the discussion. The panelists are Johannes Kern, Managing Director of the Frankencoin Association; Mark Smargon, Founder of Fuse; Tomer Weller, Chief Product Officer of the Stellar Development Foundation; and Omer Paz, Head of BILS - The First ILS Stablecoin, Bits of Cold. The audience is seated in front of the stage on colorful metal chairs. The stage is decorated with a large, three-dimensional "building blocks" logo. The event is taking place in an indoor venue with a dark ceiling and black walls. The stage is lit with bright lights. The image captures a moment during the panel discussion as the panelists are speaking to the audience.
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