by Summary:
Jusletter, 1 July 2019, with Corinne Zellweger-Gutknecht. PDF. Libra is supposed to be backed; the returns on the securities backing it are going to be distributed among the Libra partners; and Libra’s price is supposed to be managed by a network of market makers. We don’t know much more. Will market makers have the incentive to deliver?
Topics:
Dirk Niepelt considers the following as important: Contributions, Exchange, Libra, Market maker, Research, Stable coin
This could be interesting, too:
Jusletter, 1 July 2019, with Corinne Zellweger-Gutknecht. PDF. Libra is supposed to be backed; the returns on the securities backing it are going to be distributed among the Libra partners; and Libra’s price is supposed to be managed by a network of market makers. We don’t know much more. Will market makers have the incentive to deliver?
Topics:
Dirk Niepelt considers the following as important: Contributions, Exchange, Libra, Market maker, Research, Stable coin
This could be interesting, too:
Dirk Niepelt writes The New Keynesian Model and Reality
Dirk Niepelt writes “Money and Banking with Reserves and CBDC,” JF, 2024
Dirk Niepelt writes “Augenwischerei um SNB-Ausschüttungen (Misconceptions about SNB Distributions),” NZZ, 2024
Dirk Niepelt writes Bank of England CBDC Academic Advisory Group
Jusletter, 1 July 2019, with Corinne Zellweger-Gutknecht. PDF.
Libra is supposed to be backed; the returns on the securities backing it are going to be distributed among the Libra partners; and Libra’s price is supposed to be managed by a network of market makers. We don’t know much more. Will market makers have the incentive to deliver?