What Keeps Stablecoins Stable?
收藏NBER2020-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27136
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We take this question to be isomorphic to, "What Keeps Fixed Exchange Rates Fixed?" and address it with analysis familiar in exchange-rate economics. Stablecoins solve the volatility problem by pegging to a national currency, typically the US dollar, and are used as vehicles for exchanging national
提供机构:
美国国家经济研究局
创建时间:
2020-05-01



