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Stablecoin "Backing" by Bank Deposits: A Regulatory Mismatch?
Circle, the issuer of USD Coin, had $3.3 billion of its reserves held at Silicon Valley Bank when the bank collapsed. There is a...

Jeff Alvares
17 de jul.2 min de leitura


Time for a sober look at stablecoins
Stablecoins are tradeable and invest in assets like money market funds but exist on a decentralized ledger. With the Genius Act clearing...

Jeff Alvares
18 de jun.2 min de leitura


Food for thought: Should the state reclaim its role in money issuance?
Central bank money is now used mainly by banks, while the public transacts in private bank money Over the past century, money has...

Jeff Alvares
12 de jun.2 min de leitura
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