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 …

A regulatory and financial stability perspective on global stablecoins

M Adachi, M Cominetta, C Kaufmann… - Macroprudential …, 2020 - ideas.repec.org
Stablecoins provide an alternative to volatile crypto-assets. Depending on their asset
management function, they may fall under different regulatory regimes or–with certain …

[图书][B] Regulating the crypto ecosystem: the case of stablecoins and arrangements

P Bains, A Ismail, F Melo, N Sugimoto - 2022 - books.google.com
Stablecoins have experienced periods of rapid growth, accelerated links with traditional
finance. Without proper regulation, contagion risks to wider financial sector will increase …

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 …

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 …

[HTML][HTML] 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 …

On the economic design of stablecoins

C Catalini, A de Gortari - Available at SSRN 3899499, 2021 - papers.ssrn.com
Stablecoins are cryptocurrencies designed to trade at par with a reference asset, typically
the US Dollar. While they all share the same fundamental objective of maintaining stability …

Stablecoins: Implications for monetary policy, financial stability, market infrastructure and payments, and banking supervision in the euro area

F van Echelpoel, MT Chimienti, M Adachi… - 2020 - econstor.eu
This paper summarises the outcome of an analysis of stablecoins undertaken by the ECB
Crypto-Assets Task Force. At the time of writing, the stablecoin debate lacks a common …

The curious case of stablecoins-balancing risks and rewards?

A Ferreira - Journal of International Economic Law, 2021 - academic.oup.com
Stablecoins is a blockchain-driven innovation and a new subset of crypto assets. Even
though they could transform how payments are made, regulators paid little attention to them …

Will the real stablecoin please stand up?

A Kosse, M Glowka, I Mattei, T Rice - BIS Papers, 2023 - ideas.repec.org
Stablecoins are a subcategory of cryptoassets that aim (or claim) to maintain a stable value
relative to a specified peg. This paper provides an overview of the evolution of the stablecoin …