Stablecoin

Cryptoassets - volatility.

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

CBDC pilot

"Le Banque de France announced on January 19 that a pilot saw 2 million euro worth of simulated shares purchased and sold by investors using a CBDC.

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

See also

• Altcoin
• Bitcoin
• Blockchain
• Central bank digital currency (CBDC)
• Cryptoassets
• Cryptocurrency
• Cryptography
• Distributed ledger
• Fiat currency
• Intangible assets
• Internal Crypto-Assets Task Force
• Monetary policy
• Money
• Ripple
• Token
• Volatility

External link

Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures, May 2019, ECB Report