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Stablecoins : Background, Risks and Legislation / Olivier Bullock, editor.
- Format:
- Book
- Series:
- Economic issues, problems and perspectives series.
- Economic Issues, Problems and Perspectives Series
- Language:
- English
- Subjects (All):
- Cryptocurrencies--Law and legislation.
- Cryptocurrencies.
- Bitcoin.
- Electronic funds transfers--Law and legislation.
- Electronic funds transfers.
- Physical Description:
- 1 online resource (417 pages)
- Edition:
- First edition.
- Place of Publication:
- New York : Nova Science Publishers, Inc., [2024]
- Summary:
- Over the last several years, the number of cryptocurrencies has exploded from the hundreds to the thousands. The use of cryptocurrency was supposed to democratize money or build a more inclusive economy, but none of these promises have materialized. Wild price swings and high transaction fees from cryptocurrencies make them useless for payments, the one thing they claim to be designed for. Stablecoins were supposed to solve this problem. Unlike other cryptocurrencies, their value is not just based on market enthusiasm; a stablecoin's value is supposed to be backed by real assets held by the company that issues the stablecoin.
- Notes:
- Includes index.
- Description based on publisher supplied metadata and other sources.
- Description based on print version record.
- Other Format:
- Print version: Bullock, Olivier Stablecoins: Background, Risks and Legislation
- ISBN:
- 9798891135499
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