---
title: Money and Power: Historical Lessons for Stablecoins and U.S. Dollar Dominance
url: https://www.ml-quant.com/papers/repec/pri-cepsud-359/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-16
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:pri:cepsud:359
source_url: https://econpapers.repec.org/RePEc:pri:cepsud:359
featured: 2026-10-16
citations: unknown
topic: Crypto & DeFi
---


# Money and Power: Historical Lessons for Stablecoins and U.S. Dollar Dominance

The paper uses monetary history to identify five institutional foundations for scalable private money and assesses how contemporary stablecoins and the GENIUS Act address them.

- Source: https://econpapers.repec.org/RePEc:pri:cepsud:359
- Identifier: RePEc:pri:cepsud:359
- Released: 2026-10-12
- First featured: Quant Letter No. 135 (2026-10-16): https://www.ml-quant.com/issues/2026-10-16/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Crypto & DeFi
- Authors: Michael D. Bordo, Carolyn A. Wilkins

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