Anatomy of a Stablecoin's failure: The Terra-Luna case

A Briola, D Vidal-Tomás, Y Wang, T Aste - Finance Research Letters, 2023 - Elsevier
We quantitatively describe the main events that led to the Terra project's failure in May 2022.
We first review, in a systematic way, news from heterogeneous social media sources; we …

[HTML][HTML] Central bank digital currencies: A critical review

L Dionysopoulos, M Marra, A Urquhart - International Review of Financial …, 2023 - Elsevier
This critical literature survey offers a comprehensive understanding of the key aspects and
implications of central bank digital currencies (CBDCs) as a rapidly evolving area of …

Time-varying coefficient DAR model and stability measures for stablecoin prices: An application to Tether

A Djogbenou, E Inan, J Jasiak - Journal of International Money and …, 2023 - Elsevier
This paper examines the dynamics of Tether, the stablecoin with the largest market
capitalization. We show that the distributional and dynamic properties of Tether/USD rates …

[HTML][HTML] Cross-sectional data on stablecoin characteristics

K Włosik, B Łęt, K Sobański, W Świder - F1000Research, 2022 - ncbi.nlm.nih.gov
The article presents a dataset on the characteristics of stablecoins. Stablecoins represent a
relatively young but increasingly important branch of the cryptocurrency market. Although …

Democratizing money? The role of cryptocurrencies

J Temperini, M Corsi - PSL Quarterly Review, 2023 - rosa.uniroma1.it
The article proposes a critical perspective on the potential impact of the growing
cryptocurrency ecosystem on the process of democratizing money. After examining the …

Synthetic Central Bank Digital Currencies and Systemic Liquidity Risks

JE Marthinsen, SR Gordon - International Journal of Financial Studies, 2024 - mdpi.com
The failure of major banks in 2023, such as Silicon Valley Bank (SVB), Signature Bank, First
Republic Bank, and Credit Suisse, points to the continuing need for financial institutions to …

Stablecoin Price Dynamics Under a Peg-Stabilising Mechanism

CH Hui, A Wong, CF Lo - Available at SSRN 4546619, 2023 - papers.ssrn.com
As an analogy for a currency board, this paper uses the theory of the quasi-bounded target-
zone model based on the standard flexible-price monetary framework to study the peg …

Stablecoins et monnaies numériques de banque centrale: Un enjeu géostratégique pour le Système monétaire international

C Lubochinsky, M Rojas-Breu - Revue d'économie financière, 2023 - cairn.info
Cet article analyse les effets potentiels de l'émergence des stablecoins et des monnaies
numériques de banque centrale (MNBC) sur le Système monétaire international, en …

Pixels And Policy: The Symbiotic Relationship Between Digitalization And International Trade Legislation

H Usman, KH Shaheen - Journal of Social Research Development, 2023 - jsrd.org.pk
In an era where digital frontier continually reshapes our jurisprudential landscape, this
research embarks upon an odyssey to decipher its complex tapestry. Employing a …

Economic policy, regulation, and cryptocurrencies

M Fama, L Gobbi, S Lucarelli - The Elgar Companion to …, 2024 - elgaronline.com
Following the great financial crisis of 2007‒2008, the financial system ended up in the dock.
Different causes of this crisis have been identified, including the large-scale manifestation of …