intermediate
Stablecoin Payment Costs Need an All-In Denominator
New BIS and Bank of Canada research shows why stablecoin payment claims need to measure FX, liquidity, on-ramps, compliance and time to usable funds—not just blockchain fees.
Article
Articles (1)
Books (4)
The Basics of Bitcoins and Blockchains
An Introduction to Cryptocurrencies and the Technology that Powers Them
A comprehensive primer that covers the fundamental concepts of digital money and the technical architecture of blockchains. It is designed for beginners who want to understand why Bitcoin matters and how various cryptoassets function in the modern economy.
DeFi and the Future of Finance
An academic and practical overview of the decentralized finance landscape and its potential to disrupt traditional banking systems. It covers core protocols, risk assessment, and the underlying mechanics of automated market makers and lending platforms.
The Truth Machine
The Blockchain and the Future of Everything
The authors explore how blockchain technology can restore transparency and trust in global institutions by decentralizing data management. It analyzes the potential disruption across industries including banking, logistics, and legal systems.
The Digital Currency Challenge
Digital Tokens, Fintech and the Future of Money
An economic analysis of the rise of central bank digital currencies and private crypto-tokens. The book explores the regulatory landscape and how these new forms of money will impact global monetary policy and retail banking.