Results 51 to 60 of about 633 (207)
JCMS: Journal of Common Market Studies, EarlyView.Abstract The future of money is a crucial issue in the digital age, and the emergence of central bank digital currencies (CBDCs) is widely recognised as a transformative development. However, despite its significant implications for monetary sovereignty, regulatory governance and strategic autonomy, we know relatively little about the political ...
Sebastian Heidebrecht
wiley +1 more source
DAISIM: A Computational Simulator for the MakerDAO Stablecoin [PDF]
, 2021 We present a computational simulation of the single-collateral DAI stablecoin launched by the MakerDAO project in 2017. At the core of the simulation is a model of cryptocurrency investors acting as rational Markowitz mean-variance portfolio optimizers ...
Kumar, Rohit +3 more
core +1 more source
The Legal Regulatory Framework for Stablecoins (A Comparative Study of the Laws of Iran, the United States, and the European Union) [PDF]
حقوق فناوریهای نوینStablecoins, or digital currencies with stable value, constitute a significant and important part of the cryptocurrency market. Many users trust them not only as a fixed-price payment tool but also as a means of storing assets.
ahmad yosefzadeh
doaj +1 more source
After the Hype: Resilience Seeking in Emerging Technology Ecosystems
Journal of Product Innovation Management, EarlyView.ABSTRACT Academic Summary Hype often helps emerging technology ecosystems gain early support for their innovative value propositions, but the initial excitement around the technology typically vanishes at some point. This decrease in excitement and support may lead some ecosystems to fail while others are resilient and recover.
Fiona Schweitzer +2 more
wiley +1 more source
Equilibrium Reward for Liquidity Providers in Automated Market Makers
Mathematical Finance, EarlyView.ABSTRACT We find the equilibrium contract that an automated market maker (AMM) offers to their strategic liquidity providers (LPs) in order to maximize the order flow that gets processed by the venue. Our model is formulated as a leader–follower stochastic game, where the venue is the leader and a representative LP is the follower.
Alif Aqsha +2 more
wiley +1 more source
A stablecoin that's actually stable: A portfolio optimization approach [PDF]
Stablecoins seek to address the high price fluctuations of unbacked cryptocurrencies, such as Bitcoin and Ether. However, recent studies as well as the collapse of stablecoin USTC (Terra) cast doubt on the stability of stablecoins.
Kolari, James W. +2 more
core +1 more source
Markov Determinantal Point Process for Dynamic Random Sets
Journal of Time Series Analysis, Volume 47, Issue 4, Page 784-802, July 2026.ABSTRACT The Law of Determinantal Point Process (LDPP) is a flexible parametric family of distributions over random sets defined on a finite state space, or equivalently over multivariate binary variables. The aim of this paper is to introduce Markov processes of random sets within the LDPP framework. We show that, when the pairwise distribution of two
Christian Gouriéroux, Yang Lu
wiley +1 more source
Blockchain Interoperability with Cross-chain Stablecoin Payments
, 2020 A Peer-to-peer payment system was one of the first proposed applications of blockchain technology. Cryptocurrencies have instead been used as a speculative investment.
Pandhi, Ravi Balvantrai
core
EconomiesMonetary policy and central banks faced significant challenges in recent decades, like the Great Recession and the 2008–2009 financial crisis, and the Global Inflation Surge of 2021–2022.
Pythagoras Petratos, Brian Baugus
doaj +1 more source
Mathematical Finance, Volume 36, Issue 3, Page 481-499, July 2026.ABSTRACT Perpetual futures are contracts without expiration date in which the anchoring of the futures price to the spot price is ensured by periodic funding payments from long to short. We derive explicit expressions for the no‐arbitrage price of various perpetual contracts, including linear, inverse, and quantos futures in both discrete and ...
Damien Ackerer +2 more
wiley +1 more source