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Stable crypto-assets for payments: What is missing in current token standards?

Carlos Fernández Herraiz and Íñigo García De Mata
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Carlos Fernández Herraiz: Professor at Master of International Finance, Instituto de Estudios Bursatiles, Spain
Íñigo García De Mata: Industrial and Computer Science Engineer, Grant Thornton Blockchain Lab, Spain

Journal of Payments Strategy & Systems, 2020, vol. 14, issue 4, 380-391

Abstract: This paper explores the taxonomies of stable crypto-assets and discusses the standards associated with Ethereum tokens, including how these compare with certain features of the ISO 20022 industry standard. A brief exploration of simple selected credit transfer features shows that ERC standards are sufficiently flexible to be adapted to ISO 20022 requirements.

Keywords: stable crypto-asset; Ethereum; payment; stablecoin (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2020
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