THE GOOD THE BAD AND THE STABLE- COULD THE EMERGENCE OF STABLECOINS CAUSE FINANCIAL INSTABILITY? I say yes ! But why and how?

  1. Fiat backed — stablecoins backed by traditional currencies such as dollar (tether) and euro (stasis).
  2. Commodity backed — these could be oil (petro), gold (digix) silver or other precious metals.
  3. Collateral backed- coins backed by other crypto such as Maker Dao (Dai) backed by ether
  4. Seignorage backed- this has a business model which works like a decentralised bank and algorithmically applies supply and demand principles just as central banks do in their monetary policies.

Maltese Lawyer Dr.Justine Scerri Herrera (LL.B, LL.M, LL.D) is a legal advisor in the Blockchain and Crypto sphere (Virtual Financial Assets Legislation).

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Justine Scerri Herrera

Justine Scerri Herrera

Maltese Lawyer Dr.Justine Scerri Herrera (LL.B, LL.M, LL.D) is a legal advisor in the Blockchain and Crypto sphere (Virtual Financial Assets Legislation).

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