Less is more when it comes to stablecoin supervision – research
Strong collateral rules, not overly close oversight, prevent runs, says new study
Supervisors should ensure that stablecoins are backed by strong collateral instead of monitoring them too closely, a new study claims.
Chanelle Duley, professor of economics at the University of Auckland and one of the authors of the research, presented the findings on September 12 at the CEPR-Safe international conference in Frankfurt. The paper was co-authored by Rashad Ahmed from the Andersen Institute and Iñaki Aldasoro from the Bank for International Settlements.
The researchers use “global
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