The Policy Layer

Ep 34: Stablecoin Runs and the Centralization of Arbitrage


Listen Later

Yiming Ma from Columbia Business School and Anthony Zhang from UChicago explore the intricacies of stablecoins and their impact on financial stability. Learn about the critical role of arbitrage in maintaining price stability and the potential risks associated with these digital assets. 

Check out their paper here.

...more
View all episodesView all episodes
Download on the App Store

The Policy LayerBy Owl Explains