---
title: Stablecoins vs. Money Market Funds
url: https://www.ml-quant.com/papers/ssrn/4593861/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4593861
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4593861
featured: 2023-10-12
citations: unknown
topic: Crypto & DeFi
---


# Stablecoins vs. Money Market Funds

Stablecoins and money market mutual funds have similar reserve asset backing and market microstructure, but stablecoins show larger dispersions from the dollar peg and higher volatility.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4593861
- Identifier: SSRN 4593861
- Released: 2023-09-12
- First featured: Quant Letter No. 20 (2023-10-12): https://www.ml-quant.com/issues/2023-10-12/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Crypto & DeFi

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