Journal article · 2019

What is Stablecoin?: A Survey on Price Stabilization Mechanisms for Decentralized Payment Systems

Makiko Mita, Kensuke Ito, Shohei Ohsawa, Hideyuki Tanaka · 2019 8th International Congress on Advanced Applied Informatics (IIAI-AAI) · IEEE

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.

Read the source ↗ · DOI

Constructsprice stabilization mechanisms; collateral types; implementation layers

Key findings

Stablecoins are cryptocurrencies with price stabilization mechanisms to match the price of another currency with lower volatility.
The methods are divided into four collateral types: fiat, crypto, commodity, and non-collateralized.
Non-collateralized stablecoin on the application layer is the simplest approach for implementation.

Topics: Payments & Settlement

Cite this

Makiko Mita et al. (2019). What is Stablecoin?: A Survey on Price Stabilization Mechanisms for Decentralized Payment Systems 2019 8th International Congress on Advanced Applied Informatics (IIAI-AAI).

BibTeX

@article{mita2019whatisstablecoinsurvey,
  title = {What is Stablecoin?: A Survey on Price Stabilization Mechanisms for Decentralized Payment Systems},
  author = {Makiko Mita and Kensuke Ito and Shohei Ohsawa and Hideyuki Tanaka},
  year = {2019},
  institution = {IEEE},
  journal = {2019 8th International Congress on Advanced Applied Informatics (IIAI-AAI)},
  doi = {10.1109/iiai-aai.2019.00023},
  url = {https://doi.org/10.1109/iiai-aai.2019.00023},
  note = {Indexed by Stablecoin Beat},
}

Indexed by Stablecoin Beat — we link to and summarise sources; we do not host copyrighted full text, and summaries are our own. · All research · Methodology