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Global Taxonomy of Stablecoins

Author

Listed:
  • Christophe Lebrun

    (HEG - Haute Ecole de Gestion de Genève)

  • Oetske Leroux-Fankhauser

    (HEG - Haute Ecole de Gestion de Genève)

  • Natkamon Tovanich

    (CREST - Centre de Recherche en Économie et Statistique - ENSAI - Ecole Nationale de la Statistique et de l'Analyse de l'Information [Bruz] - GENES - Groupe des Écoles Nationales d'Économie et Statistique - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - ENSAE Paris - École Nationale de la Statistique et de l'Administration Économique - GENES - Groupe des Écoles Nationales d'Économie et Statistique - IP Paris - Institut Polytechnique de Paris - CNRS - Centre National de la Recherche Scientifique, X - École polytechnique - IP Paris - Institut Polytechnique de Paris)

  • Thibault Vatter

    (HEG - Haute Ecole de Gestion de Genève)

  • Arnaud Gaudinat

    (HEG - Haute Ecole de Gestion de Genève)

Abstract

As stablecoins address the challenges of price stability in the cryptocurrency market, this paper provides a comprehensive taxonomy of stablecoins, categorizing them based on governance, value, and design dimensions. Our study aims to enrich the ongoing discourse in digital currency and provide insights into the future trajectory of stablecoins in decentralized finance.

Suggested Citation

  • Christophe Lebrun & Oetske Leroux-Fankhauser & Natkamon Tovanich & Thibault Vatter & Arnaud Gaudinat, 2024. "Global Taxonomy of Stablecoins," Post-Print hal-04607181, HAL.
    • Handle: RePEc:hal:journl:hal-04607181
    DOI: 10.1007/978-3-031-68974-1_18
    Note: View the original document on HAL open archive server: https://hal.science/hal-04607181v1
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    References listed on IDEAS

    as
    1. Cyril Monnet & Hyun Song Shin & Jon Frost & Leonardo Gambacorta & Raphael Auer & Tara Rice, 2022. "Central Bank Digital Currencies: Motives, Economic Implications, and the Research Frontier," Annual Review of Economics, Annual Reviews, vol. 14(1), pages 697-721, August.
    2. Wang, Gang-Jin & Ma, Xin-yu & Wu, Hao-yu, 2020. "Are stablecoins truly diversifiers, hedges, or safe havens against traditional cryptocurrencies as their name suggests?," Research in International Business and Finance, Elsevier, vol. 54(C).
    3. Klaudia Jarno & Hanna Kołodziejczyk, 2021. "Does the Design of Stablecoins Impact Their Volatility?," JRFM, MDPI, vol. 14(2), pages 1-14, January.
    4. Jiqian Wang & Feng Ma & Elie Bouri & Yangli Guo, 2023. "Which factors drive Bitcoin volatility: Macroeconomic, technical, or both?," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 42(4), pages 970-988, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Stablecoins; Taxonomy; Cryptocurrencies; Blockchain; Decentralized Finance (DeFi);
    All these keywords.

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