Stablecoins are risky assets. Banks can stabilize the crypto industry by issuing tokenized deposits.
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CBDC or stablecoin? There is a third way - tokenized deposits
Today I went to my local tea shop to buy (no surprise) tea. Like many other shops in Sweden, this one does not accept cash (“VI ÄR EN KONTANTFRI BUTIK”, which means “WE’RE A CASHLESS STORE”). …
The media is buzzing about Web 3.0 and metaverse. Companies and investors are scrambling to get in on the ground floor and participate in shaping this new iteration of the web. But I think it’s worth …
A few days ago, the Secretary of the U.S. Treasury admitted that she’s still on the fence about digital currency . Unlike the Bitcoin-loving president of El Salvador, Secretary Yellen thinks further …
Earlier this year, Citi published a paper entitled “ The Regulated Internet of Value ” (the “Citi Paper”). In it, Tony McLaughlin, Head of Emerging Payments and Business Development at Citi’s …
Mainstream, tech, and fintech media is bubbling with central bank digital currency (CBDC) chatter. The Bank for International Settlements (BIS) is performing excellent research on the topic . …
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