Related papers: From Tether to Libra: Stablecoins, Digital Currency and the Future of Money

From Tether to Libra: Stablecoins, Digital Currency and the Future of Money

URL: http://arxiv.org/abs/2005.12949v1
Date: Tue, 26 May 2020 18:13:46 GMT
Title: From Tether to Libra: Stablecoins, Digital Currency and the Future of Money
Authors: Alexander Lipton, Aetienne Sardon, Fabian Sch\"ar, Christian Sch\"upbach
Abstract summary: It provides a compact definition for stablecoins, identifying the unique features that make them distinct from previously known payment systems. It surveys the different use cases for stablecoins as well as the underlying economic incentives for creating them.
Score: 62.997667081978825
License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
Abstract: This paper provides an overview on stablecoins and introduces a novel terminology to help better identify stablecoins with truly disruptive potential. It provides a compact definition for stablecoins, identifying the unique features that make them distinct from previously known payment systems. Furthermore, it surveys the different use cases for stablecoins as well as the underlying economic incentives for creating them. Finally, it outlines critical regulatory considerations that constrain stablecoins and summarizes key factors that are driving their rapid development.

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