ECB Conference on Money Markets: Session 4 – Payments: Money creation in decentralised finance
Channel: European Central Bank
Date: 12/11/2021

Session 4 – Payments

Chair: Helmut Wacket, Head of Money Market and Liquidity Division, European Central Bank

Money creation in decentralised finance: a dynamic model of stablecoins and crypto shadow banking
Ye Li*, Ohio State University; Simon Mayer, Erasmus University Rotterdam

Discussant: Jean-Charles Rochet, University of Zurich