Stablecoins

Anne C. Sibert ()
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Anne C. Sibert: University of London

A chapter in Fault Lines After COVID-19, 2023, pp 303-314 from Springer

Abstract: Abstract Decentralized finance (DeFi) requires stablecoins to provide a stable base value. In addition, stablecoins provide an attractive medium of exchange for the real economy. Currently stablecoins come in many varieties and this chapter describes some of them. Different types of stablecoins require different regulatory approaches. This chapter describes the likely negative consequences of the European Union’s one-size-fits-all approach. It discusses the issues and challenges of providing a more satisfactory regulatory environment.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-26482-5_18

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DOI: 10.1007/978-3-031-26482-5_18

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