IDEAS home Printed from https://ideas.repec.org/a/mth/ajfa88/v11y2019i2p110119.html

How Stablecoin Implementation Can Lead to Increased Accounting Clarity and Standardization

Author

Listed:
  • Sean Stein Smith

Abstract

Stablecoins represent the current iteration of cryptoasset development and implementation but remain an area in which further development and research is necessary to improve the reporting and accounting codification conversation. Although the various iterations of stablecoins do purport to address some of the significant problems and issues preventing wide adoption and implementation of cryptocurrencies there is also some debate around the future of these cryptoassets. Accounting and reporting guidelines for cryptoassets overall, including stablecoins, remain fragmented due to regulatory misunderstanding as well regulatory scrutiny over proposed stablecoin projects. What this research does is present both an analysis of stablecoins as well as put forth a number of suggestions as to how stablecoins can help drive the accounting classification dialogue forward. Written with both a practitioner and academic audience in mind this research can be used to pursue further implementation and research projects moving forward.

Suggested Citation

  • Sean Stein Smith, 2019. "How Stablecoin Implementation Can Lead to Increased Accounting Clarity and Standardization," Asian Journal of Finance & Accounting, Macrothink Institute, vol. 11(2), pages 110119-1101, December.
    • Handle: RePEc:mth:ajfa88:v:11:y:2019:i:2:p:110119
    as

    Download full text from publisher

    File URL: https://www.macrothink.org/journal/index.php/ajfa/article/download/15740/12364
    Download Restriction: no
    File URL: https://www.macrothink.org/journal/index.php/ajfa/article/view/15740
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:ajfa88:v:11:y:2019:i:2:p:110119. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Technical Support Office (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/ajfa .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.