by Summary:
NZZ, 10 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? See also the longer article in Jusletter.
Topics:
Dirk Niepelt considers the following as important: Contributions, Exchange, Libra, Market maker, Stable coin
This could be interesting, too:
NZZ, 10 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? See also the longer article in Jusletter.
Topics:
Dirk Niepelt considers the following as important: Contributions, Exchange, Libra, Market maker, Stable coin
This could be interesting, too:
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NZZ, 10 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?
See also the longer article in Jusletter.