1. Introduction The digitalization, the rise of crypto-assets and the advancement of technologies, such as distributed ledger technologies, have fuelled an unprecedented wave of innovations in payments and spurred many Central Bank Digital Currencies (CBDCs) projects over the past decade[1]. Central banks worldwide have been actively exploring solutions to preserve financial stability and safeguard monetary […]
Tag Archives: stablecoins
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May
May
Stablecoins are a type of digital asset that purports to maintain a stable value by referencing physical, financial or virtual assets (FSB (2020)). They can be further differentiated into currency-based, financial instrument-based, commodity-based and crypto asset-based stablecoins. There are also algorithmic stablecoins that aim to maintain a stable value via protocols that provide for the […]