Cross-border payments, settlement, remittances and machine/agentic commerce.
| Paper | Venue | Year |
|---|---|---|
| Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA) The EU's comprehensive crypto-asset framework; regulates stablecoins as e-money tokens (EMTs) and asset-referenced tokens (ARTs). | Official Journal of the European Union | 2023 |
| Regulatory regime for systemic payment systems using stablecoins and related service providers The Bank of England's proposed regime for stablecoins used at systemic scale in UK payments. | Bank of England Discussion Paper | 2023 |
| Application of the Principles for Financial Market Infrastructures to stablecoin arrangements Confirms that systemically important stablecoin arrangements must meet the international standards for payment systems. | CPMI-IOSCO (BIS) | 2022 |
| Stablecoins' role in crypto and beyond: functions, risks and policy ECB assessment of stablecoin functions (trading, settlement, DeFi collateral) and their financial-stability risks. | ECB Macroprudential Bulletin, Issue 18 | 2022 |
| The future monetary system The BIS's vision of a future monetary system, assessing stablecoins and crypto against a central-bank-money core. | BIS Annual Economic Report 2022, Chapter III | 2022 |
| Report on Stablecoins The landmark US interagency report recommending that payment-stablecoin issuers be regulated as insured depository institutions. | U.S. Department of the Treasury | 2021 |
| Investigating the impact of global stablecoins The G7 report that put 'global stablecoins' on the international policy agenda after Libra. | Committee on Payments and Market Infrastructures (BIS) | 2019 |
| The Rise of Digital Money Introduces a taxonomy of money and argues privately issued digital money (e-money / stablecoins) could rapidly displace bank deposits. | IMF FinTech Note No. 19/01 | 2019 |
| What is Stablecoin?: A Survey on Price Stabilization Mechanisms for Decentralized Payment Systems The work surveys various price stabilization mechanisms for stablecoins, categorizing them by collateral types and implementation layers. It identifies non-collateralized stablecoins on the application layer as the simplest approach for implementation. | 2019 8th International Congress on Advanced Applied Informatics (IIAI-AAI) | 2019 |