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Stablecoins neither stable nor coins – paper

Retrieved on: 2021-07-20 11:13:23

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Stablecoins neither stable nor coins – paper. View article details on hiswai: https://www.centralbanking.com/fintech/crypto-assets/7856776/stablecoins-neither-stable-nor-coins-paper

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The authors – Gary Gorton of Yale and Jeffrey Zhang of the Federal Reserve – contend stablecoins violate the “no-questions-asked” principle required of ...

Article found on: www.centralbanking.com

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