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Central banks, cryptocurrencies and monetary stability: Same game, same rules?
Journal of Digital Banking,
7
(4),
357-364
(2023)
Abstract
In this paper, the authors delineate the differences between stablecoins, in particular, and ‘fiat’ currencies, in general. When you have read this paper, you will know what a stablecoin is, what types there are, how it differs from the US dollar or the euro and why the most important currency in all worlds is ‘trust’.
Keywords: stablecoins; trust; cryptocurrency; crypto ecosystem; central bank; debt policy
The full article is available to subscribers to the journal.
Author's Biography
Christoph Impekoven is Founder and Managing Director and heads the Blockchain division of the FinTech boutique micobo GmbH (official R3 partner) in Frankfurt. He is one of the leading figures in Europe’s Blockchain industry. Christoph has an academic background in both computer science and finance and has completed several projects in the field of ‘assets on a strategic and conceptual level’. The references of the technology service provider micobo GmbH include, in particular, asset and wealth managers as well as several DAX companies from the financial services segment. In addition to his entrepreneurial activities, Christoph has co-authored numerous books and professional papers on topics from computer science to DLT and Blockchain innovation.
Jochen Werne is the Chief Development and Chief Visionary Officer (CDO/CVO) and executive committee member of PROSEGUR Cash Services Germany Ltd. Prior to that he was director and authorised officer of the Bankhaus August Lenz & Co. AG. Jochen is also part of the innovation leadership team of the European Banking Group, member of the Federal Ministry of Education and Research Initiative ‘Learning Systems’ — a platform for artificial intelligence, member of the expert board of Management Circle, as well as a member of one of the most important think tanks worldwide: Chatham House, the Royal Institute of International Affairs. Jochen is a keynote speaker at various banking, innovation and executive conferences as well as an author and co-author of several textbooks and professional articles.
