Stablecoins & CBDC

Stablecoins - effective bridge between fiat and crypto or a bridge too far

Assesses whether stablecoins can serve as a practical link between fiat money and crypto markets, weighing their utility in payments and settlement against risks tied to regulation, stability, and broader financial system impacts.

Topics: stablecoins, crypto, regulation, financial stability

More in Stablecoins & CBDC

A Stablecoin Thats Actually Stable - A Portfolio Optimi — Proposes a portfolio optimization approach to design a stablecoin with stronger price stability than single-asset pegs, emphasizing reser...
FTN011 - Central Bank Exploration of Tokenized Reserves (2025) — Reviews central bank research into tokenized reserves, focusing on how reserve tokenization could support settlement efficiency, interope...
NBER - Stablecoins A Revolutionary Payment Technology with Financial Risks — Analyzes stablecoins as a potentially transformative payment technology, while emphasizing their vulnerabilities around runs, reserve qua...
Wharton - The Stablecoin Toolkit Part I — Academic primer outlining the core design choices, risks, and policy trade-offs of stablecoins, with emphasis on how reserve structures, ...