Stablecoins

Henri Arslanian

Chapter Chapter 7 in The Book of Crypto, 2022, pp 149-170 from Springer

Abstract: Abstract The past decade of crypto trading has made one thing abundantly clear: crypto markets are highly volatile, prone to wild price swings that traditional financial markets don’t typically feature. But what if there were a form of cryptocurrency that was pegged to an external reference, like the U.S. dollar? In this chapter, we provide a comprehensive overview of stablecoins, from the different shapes they can take (fiat collateralised, crypto collateralised, non-collateralised) to some of the biggest challenges in the space today (Tether’s history of legal and regulatory troubles). We also take time to explore Facebook’s Libra (or Meta’s Diem), and how the social media giant was poised to reshape the stablecoin industry until winding down the project in early 2022.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-97951-5_7

Ordering information: This item can be ordered from
http://www.springer.com/9783030979515

DOI: 10.1007/978-3-030-97951-5_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().