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LIBRA OR LIBRAE?

  • 21 Marzo 2020
  • Posted by: Curatore
  • Category: Cryptovalues News, Mondo Accademico
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Basket based stablecoins to mitigate foreign exchange volatility spillovers.

In the paper they present a methodology to empirically build a basket based stable coin  (a Librae) whose weights can maximize stability over a long time period.

The proposed stable coin (Librae) appears to be less volatile than single currencies and, therefore, with respect to single currency stable coins (Libra).

Authors:

Paolo Giudici   (Cryptovalues Scientific Advisory Committee)

University of Pavia – Faculty of Economics

Thomas Leach

University of Pavia – Department of Economics and Management

Paolo Pagnottoni

University of Pavia – Department of Economics and Management

Download the paper HERE

Source: SSRN