SoK: A classification framework for stablecoin designs

A Moin, K Sekniqi, EG Sirer - … FC 2020, Kota Kinabalu, Malaysia, February …, 2020 - Springer
Stablecoins promise to bridge fiat currencies with the world of cryptocurrencies. They
provide a way for users to take advantage of the benefits of digital currencies, such as ability …

A systematic literature review of empirical research on stablecoins

L Ante, I Fiedler, JM Willruth, F Steinmetz - FinTech, 2023 - mdpi.com
This study reviews the current state of empirical literature on stablecoins. Based on a sample
of 22 peer-reviewed articles, we analyze statistical approaches, data sources, variables, and …

Stablecoins: Growth potential and impact on banking

GY Liao, J Caramichael - 2022 - federalreserve.gov
Stablecoins have experienced tremendous growth in the past year, serving as a possible
breakthrough innovation in the future of payments. In this paper, we discuss the current use …

Does the design of stablecoins impact their volatility?

K Jarno, H Kołodziejczyk - Journal of Risk and Financial Management, 2021 - mdpi.com
In this paper, we shall compare the average volatility that characterises the main stablecoin
design types with a view to answering the question of whether all stablecoin designs …

Monetary stabilization in cryptocurrencies–design approaches and open questions

IGA Pernice, S Henningsen… - 2019 crypto valley …, 2019 - ieeexplore.ieee.org
The price volatility of cryptocurrencies is often cited as a major hindrance to their wide-scale
adoption. Consequently, during the last two years, multiple so called stablecoins have …

In search for stability in crypto-assets: are stablecoins the solution?

D Bullmann, J Klemm, A Pinna - Available at SSRN 3444847, 2019 - papers.ssrn.com
Stablecoins claim to stabilise the value of major currencies in the volatile crypto-asset
market. This paper describes the often complex functioning of different types of stablecoins …

Stablecoins' role in crypto and beyond: functions, risks and policy

M Adachi, PBP Da Silva, A Born… - Macroprudential …, 2022 - ideas.repec.org
Stablecoins are in the spotlight due to their rapid growth, increasing global use cases and
potential financial risk contagion channels. This article analyses the role played by …

Are stablecoins truly diversifiers, hedges, or safe havens against traditional cryptocurrencies as their name suggests?

GJ Wang, X Ma, H Wu - Research in International Business and Finance, 2020 - Elsevier
We study the diversifier, hedge, and safe haven properties of stablecoins against traditional
cryptocurrencies. Using the DCC-GARCH model and dummy variable regression, we …

Stablecoins 2.0: Economic foundations and risk-based models

A Klages-Mundt, D Harz, L Gudgeon, JY Liu… - Proceedings of the 2nd …, 2020 - dl.acm.org
Stablecoins are one of the most widely capitalized type of cryptocurrency. However, their
risks vary significantly according to their design and are often poorly understood. We seek to …

[HTML][HTML] What keeps stablecoins stable?

RK Lyons, G Viswanath-Natraj - Journal of International Money and …, 2023 - Elsevier
Using trades between the stablecoin treasury and private investors, we quantify how
improved arbitrage design stabilizes the price of the dominant stablecoin, Tether. We identify …