Demystifying Stablecoins
| Autor: | Jeremy Clark, Seyedehmahsa Moosavi, Didem Demirag |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
0303 health sciences
General Computer Science business.industry media_common.quotation_subject Monetary policy Financial system Cryptography 02 engineering and technology 03 medical and health sciences Currency Cash Settlement (finance) 0202 electrical engineering electronic engineering information engineering 020201 artificial intelligence & image processing business 030304 developmental biology media_common |
| Zdroj: | Queue. 18:39-60 |
| ISSN: | 1542-7749 1542-7730 |
| Popis: | Self-sovereign stablecoins are interesting and probably here to stay; however, they face numerous regulatory hurdles from banking, financial tracking, and securities laws. For stablecoins backed by a governmental currency, the ultimate expression would be a CBDC. Since paper currency has been in steady decline (and disproportionately for legitimate transactions), a CBDC could reintroduce cash with technological advantages and efficient settlement while minimizing user fees. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|