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:
Dirk Niepelt writes The New Keynesian Model and Reality
Dirk Niepelt writes “Augenwischerei um SNB-Ausschüttungen (Misconceptions about SNB Distributions),” NZZ, 2024
Dirk Niepelt writes Bank of England CBDC Academic Advisory Group
Dirk Niepelt writes Panel on “Will the digital euro take off?,” CEPR, 2023
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.