RePEcCrypto & DeFi
Stablecoin Architecture, Digital Dollarization, and the New Triffin Dilemma
Model shows that stablecoin design cannot remove peripheral currency risk but redeploys it; a new Triffin dilemma emerges where the issuer's capital must grow with its open position.
Featured in No. 138 on 6 Nov 2026 · 4 days after release
- Released
- 2 Nov 2026
- First featured
- No. 138 · 6 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 4 of 5
- Identifier
- RePEc:gwc:wpaper:2026-015
- Authors
- Silvia Sgherri
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).