Stablecoin - Revision history

Doug: Add link.

2024-07-30T10:07:46Z

Add link.

← Older revision		Revision as of 10:07, 30 July 2024
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	* [[Money]]		* [[Money]]
	* [[PayPal USD]] (PYUSD)		* [[PayPal USD]] (PYUSD)
			* [[Peg]]
	* [[Protocol]]		* [[Protocol]]
	* [[Regulation]]		* [[Regulation]]

Doug: Add links.

2024-07-24T12:30:38Z

Add links.

← Older revision		Revision as of 12:30, 24 July 2024
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	:These ~~examples~~ show that stablecoins are no longer the sole domain of cryptoasset providers and may boost the uptake of stablecoins for payments outside the crypto ecosystem.		:These initiatives show that stablecoins are no longer the sole domain of cryptoasset providers and may boost the uptake of stablecoins for payments outside the crypto ecosystem.

	:If not properly designed and regulated, the large-scale use of stablecoins for payments could have serious implications for the safety and efficiency of payment ecosystems."		:If not properly designed and regulated, the large-scale use of stablecoins for payments could have serious implications for the safety and efficiency of payment ecosystems."
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	* [[Monetary policy]]		* [[Monetary policy]]
	* [[Money]]		* [[Money]]
			* [[PayPal USD]] (PYUSD)
	* [[Protocol]]		* [[Protocol]]
	* [[Regulation]]		* [[Regulation]]
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	* [[Treasury]]		* [[Treasury]]
	* [[Unbacked]]		* [[Unbacked]]
	* [[USD Coin]]		* [[USD Coin]] (USDC)
	* [[Volatility]]		* [[Volatility]]

Doug: Layout.

2024-07-24T12:25:17Z

Layout.

← Older revision		Revision as of 12:25, 24 July 2024
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	:If not properly designed and regulated, the large-scale use of stablecoins for payments could have serious implications for the safety and efficiency of payment ecosystems."		:If not properly designed and regulated, the large-scale use of stablecoins for payments could have serious implications for the safety and efficiency of payment ecosystems."

	:''BIS survey on central bank digital currencies and crypto		:''BIS survey on central bank digital currencies and crypto - Naresh Aggarwal, ACT Associate Director, Policy & Technical, 19 July 2024.''
	- ~~Association of Corporate Treasurers Payments landscape blog,~~ Naresh Aggarwal, Associate Director, Policy & Technical, 19 July 2024.''


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	*[https://www.bankofengland.co.uk/speech/2023/april/jon-cunliffe-keynote-speech-at-the-innovate-finance-global-summit Speech by Sir Jon Cunliffe, Bank of England Deputy Governor for Financial Stability - Innovate Finance Global Summit - 17 April 2023]		*[https://www.bankofengland.co.uk/speech/2023/april/jon-cunliffe-keynote-speech-at-the-innovate-finance-global-summit Speech by Sir Jon Cunliffe, Bank of England Deputy Governor for Financial Stability - Innovate Finance Global Summit - 17 April 2023]
	*[https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op223~3ce14e986c.en.pdf Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures, May 2019, ECB Report]		*[https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op223~3ce14e986c.en.pdf Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures, May 2019, ECB Report]

	~~[[Category:Accounting,_tax_and_regulation]]~~
	~~[[Category:Financial_products_and_markets]]~~
	~~[[Category:Identify_and_assess_risks]]~~
	~~[[Category:Manage_risks]]~~
	~~[[Category:Risk_frameworks]]~~
	~~[[Category:The_business_context]]~~

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

Doug: Add treasury technical quote.

2024-07-24T12:23:40Z

Add treasury technical quote.

← Older revision		Revision as of 12:23, 24 July 2024
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	A stablecoin is usually a privately issued cryptoasset that aims to provide price stability by backing the coin with other assets.		A stablecoin is usually a privately issued cryptoasset that aims to provide price stability by backing the coin with other assets.


			:<span style="color:#4B0082">'''''Banks use stablecoins - design, regulation & risks'''''</span>

			:"... various banks and other traditional payment service providers [have] started to use stablecoins for their activities or to issue stablecoins to their customers...


			:In August 2023, PayPal launched a USD-based stablecoin (PYUSD) with Paxos.

			:In addition, in September 2023, Visa announced it was expanding its stablecoin settlement capabilities with USD Coin (USDC) issued by Circle to merchant acquirers.


			:These examples show that stablecoins are no longer the sole domain of cryptoasset providers and may boost the uptake of stablecoins for payments outside the crypto ecosystem.

			:If not properly designed and regulated, the large-scale use of stablecoins for payments could have serious implications for the safety and efficiency of payment ecosystems."

			:''BIS survey on central bank digital currencies and crypto
			- Association of Corporate Treasurers Payments landscape blog, Naresh Aggarwal, Associate Director, Policy & Technical, 19 July 2024.''


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	:''Association of Corporate Treasurers Payments landscape blog, Naresh Aggarwal, Associate Director, Policy & Technical, 20 January 2021.''		:''Association of Corporate Treasurers Payments landscape blog, Naresh Aggarwal, Associate Director, Policy & Technical, 20 January 2021.''



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	* [[Altcoin]]		* [[Altcoin]]
	* [[Asset-referenced token]] (ART)		* [[Asset-referenced token]] (ART)
			* [[Bank for International Settlements]] (BIS)
	* [[Bitcoin]]		* [[Bitcoin]]
	* [[Blockchain]]		* [[Blockchain]]
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	* [[Distributed ledger]]		* [[Distributed ledger]]
	* [[E-money token]] (EMT)		* [[E-money token]] (EMT)
			* [[Ecosystem]]
	* [[Fiat currency]]		* [[Fiat currency]]
	* [[Financial asset]]		* [[Financial asset]]
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	* [[Money]]		* [[Money]]
	* [[Protocol]]		* [[Protocol]]
			* [[Regulation]]
	* [[Ripple]]		* [[Ripple]]
			* [[Risk management]]
	* [[Token]]		* [[Token]]
			* [[Treasury]]
	* [[Unbacked]]		* [[Unbacked]]
	* [[USD Coin]]		* [[USD Coin]]
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	==~~External links~~==		==Other resources==
			*[https://www.bis.org/publ/bppdf/bispap147.pdf Embracing diversity, advancing together – results of the 2023 BIS survey on central bank digital currencies and crypto - Bank for International Settlements (BIS) Paper 147 - June 2024]

	*[https://www.bankofengland.co.uk/speech/2023/april/jon-cunliffe-keynote-speech-at-the-innovate-finance-global-summit Speech by Sir Jon Cunliffe, Bank of England Deputy Governor for Financial Stability - Innovate Finance Global Summit - 17 April 2023]		*[https://www.bankofengland.co.uk/speech/2023/april/jon-cunliffe-keynote-speech-at-the-innovate-finance-global-summit Speech by Sir Jon Cunliffe, Bank of England Deputy Governor for Financial Stability - Innovate Finance Global Summit - 17 April 2023]
	*[https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op223~3ce14e986c.en.pdf Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures, May 2019, ECB Report]		*[https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op223~3ce14e986c.en.pdf Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures, May 2019, ECB Report]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]
			[[Category:Financial_products_and_markets]]
			[[Category:Identify_and_assess_risks]]
			[[Category:Manage_risks]]
			[[Category:Risk_frameworks]]
	[[Category:The_business_context]]		[[Category:The_business_context]]

			[[Category:Accounting,_tax_and_regulation]]
			[[Category:Financial_products_and_markets]]
	[[Category:Identify_and_assess_risks]]		[[Category:Identify_and_assess_risks]]
	[[Category:Manage_risks]]		[[Category:Manage_risks]]
	[[Category:Risk_frameworks]]		[[Category:Risk_frameworks]]
	[[Category:~~Cash_management]]~~		[[Category:The_business_context]]
	~~[[Category:Financial_products_and_markets]]~~
	~~[[Category:Liquidity_management]]~~
	~~[[Category:Technology~~]]

imported>Doug Williamson: Add quote - source - Bank of England - https://www.bankofengland.co.uk/speech/2023/april/jon-cunliffe-keynote-speech-at-the-innovate-finance-global-summit

2023-04-23T10:24:19Z

Add quote - source - Bank of England - https://www.bankofengland.co.uk/speech/2023/april/jon-cunliffe-keynote-speech-at-the-innovate-finance-global-summit

← Older revision		Revision as of 10:24, 23 April 2023
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	''Cryptoassets - volatility.''		''Cryptoassets - volatility.''

	A stablecoin is a privately issued cryptoasset that aims to provide price stability by backing the coin with other assets.		A stablecoin is usually a privately issued cryptoasset that aims to provide price stability by backing the coin with other assets.


			:<span style="color:#4B0082">'''''Not all stablecoins are equally stable'''''</span>

			:"The umbrella term ‘stablecoin’ has been used to describe a range of instruments with quite different characteristics.

			:In particular, they may be backed by a range of financial assets, commodities or unbacked cryptoassets (which in some cases are supported by algorithmic protocols).

			:The robustness of those backing assets and the wider safeguards for guaranteeing stability of value vary significantly across the products labelled as stablecoins."

			:''Sir Jon Cunliffe, Bank of England Deputy Governor for Financial Stability - Innovate Finance Global Summit - 17 April 2023.''


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	:It took place with distributed ledger technology provided by SETL — a UK-based regulated blockchain services provider - which also provided the CBDC stablecoin."		:It took place with distributed ledger technology provided by SETL — a UK-based regulated blockchain services provider - which also provided the CBDC stablecoin."

	:''Association of Corporate Treasurers Payments landscape blog, Naresh Aggarwal, Associate Director, Policy & Technical, 20 January 2021''		:''Association of Corporate Treasurers Payments landscape blog, Naresh Aggarwal, Associate Director, Policy & Technical, 20 January 2021.''



	== See also ==		== See also ==
			* [[Algorithm]]
	* [[Altcoin]]		* [[Altcoin]]
	* [[Asset-referenced token]] (ART)		* [[Asset-referenced token]] (ART)
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	* [[Britcoin]]		* [[Britcoin]]
	* [[Central bank digital currency]] (CBDC)		* [[Central bank digital currency]] (CBDC)
			* [[Commodity]]
	* [[Cryptoassets]]		* [[Cryptoassets]]
	* [[Cryptocurrency]]		* [[Cryptocurrency]]
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	* [[E-money token]] (EMT)		* [[E-money token]] (EMT)
	* [[Fiat currency]]		* [[Fiat currency]]
			* [[Financial asset]]
	* [[Intangible assets]]		* [[Intangible assets]]
	* [[Internal Crypto-Assets Task Force]]		* [[Internal Crypto-Assets Task Force]]
	* [[Monetary policy]]		* [[Monetary policy]]
	* [[Money]]		* [[Money]]
			* [[Protocol]]
	* [[Ripple]]		* [[Ripple]]
	* [[Token]]		* [[Token]]
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	==External ~~link~~==		==External links==
			*[https://www.bankofengland.co.uk/speech/2023/april/jon-cunliffe-keynote-speech-at-the-innovate-finance-global-summit Speech by Sir Jon Cunliffe, Bank of England Deputy Governor for Financial Stability - Innovate Finance Global Summit - 17 April 2023]
	[https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op223~3ce14e986c.en.pdf Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures, May 2019, ECB Report]		*[https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op223~3ce14e986c.en.pdf Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures, May 2019, ECB Report]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Add links.

2023-03-06T01:44:30Z

Add links.

← Older revision		Revision as of 01:44, 6 March 2023
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	== See also ==		== See also ==
	* [[Altcoin]]		* [[Altcoin]]
			* [[Asset-referenced token]] (ART)
	* [[Bitcoin]]		* [[Bitcoin]]
	* [[Blockchain]]		* [[Blockchain]]
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	* [[Cryptography]]		* [[Cryptography]]
	* [[Distributed ledger]]		* [[Distributed ledger]]
			* [[E-money token]] (EMT)
	* [[Fiat currency]]		* [[Fiat currency]]
	* [[Intangible assets]]		* [[Intangible assets]]

imported>Doug Williamson: Layout.

2022-05-13T14:58:20Z

Layout.

← Older revision		Revision as of 14:58, 13 May 2022
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	===External link===		==External link==

	[https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op223~3ce14e986c.en.pdf Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures, May 2019, ECB Report]		[https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op223~3ce14e986c.en.pdf Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures, May 2019, ECB Report]

imported>Doug Williamson: Add link.

2021-11-10T16:47:15Z

Add link.

← Older revision		Revision as of 16:47, 10 November 2021
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	:It took place with distributed ledger technology provided by SETL — a UK-based regulated blockchain services provider - which also provided the CBDC stablecoin."		:It took place with distributed ledger technology provided by SETL — a UK-based regulated blockchain services provider - which also provided the CBDC stablecoin."


	:''Association of Corporate Treasurers Payments landscape blog, Naresh Aggarwal, Associate Director, Policy & Technical, 20 January 2021''		:''Association of Corporate Treasurers Payments landscape blog, Naresh Aggarwal, Associate Director, Policy & Technical, 20 January 2021''
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	* [[Ripple]]		* [[Ripple]]
	* [[Token]]		* [[Token]]
			* [[Unbacked]]
	* [[USD Coin]]		* [[USD Coin]]
	* [[Volatility]]		* [[Volatility]]

imported>Doug Williamson: Add link.

2021-08-13T23:50:00Z

Add link.

← Older revision		Revision as of 23:50, 13 August 2021
Line 32:		Line 32:
	* [[Ripple]]		* [[Ripple]]
	* [[Token]]		* [[Token]]
			* [[USD Coin]]
	* [[Volatility]]		* [[Volatility]]

imported>Doug Williamson: Add link.

2021-06-13T21:26:53Z

Add link.

← Older revision		Revision as of 21:26, 13 June 2021
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	* [[Bitcoin]]		* [[Bitcoin]]
	* [[Blockchain]]		* [[Blockchain]]
			* [[Britcoin]]
	* [[Central bank digital currency]] (CBDC)		* [[Central bank digital currency]] (CBDC)
	* [[Cryptoassets]]		* [[Cryptoassets]]