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Part 5 – Evaluating stablecoins | Dentons


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An evaluation of stablecoins is a balancing act between polarizing stakeholder priorities. End-users will seek a form of money and payment system that maximizes private benefits and reduces associated costs and risks
1. End-users emphasize the means of payment and store of value functions of money, which are characterized by criteria like liquidity, scalability, additional services, ease of use, efficiency, and anonymity, amongst others
2. Commercial banks will seek a form of money and payment system that amplifies society’s reliance on them as intermediaries in the hopes of increasing profits. From a public policy perspective, there are three primary objectives for a money and payment system; that they support financial integrity, financial stability and monetary policy effectiveness ....

Tracy Molino , Tommaso Mancini Griffoli , Kirill Bryanov , Noah Walters , Light On Central Bank Digital Currency , Global Financial Development , York University Journal Of Legislation , World Bank , Libra Association , Tether Limited , Maker Dai , Central Bank Digital , From Initial Coin Offerings , Central Bank Digital Currencies , New York University Journal , Every Stablecoin , சுவடு மோலினோ , நோவா வால்டர்ஸ் , ஒளி ஆன் மைய வங்கி டிஜிட்டல் நாணய , உலகளாவிய நிதி வளர்ச்சி , யார்க் பல்கலைக்கழகம் இதழ் ஆஃப் சட்டம் , உலகம் வங்கி , துலாம் சங்கம் , டெதர் வரையறுக்கப்பட்டவை , தயாரிப்பாளர் தாய் , மைய வங்கி டிஜிட்டல் ,