Almost 50 flavors of crypto finance
We explore a nomenclature of crypto-finance projects from crypto-currencies to flavors of DeFi then CeFi.
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Cryptobanking
How the crypto-banking system could reduce systemic risk
This article shows that liquidity pools, a basic construct of DeFi could create a more robust financial system by improving assets liquidity and, in the same time, improving passive investors performance.
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The Crypto Banking System
The foundations that are needed to build a financial system on top of decentralized finance (DeFi)
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Crypto-banking differences with traditional and shadow banking
Banking is the alchemy of bridging ultimate lenders that want safety and liquidity to ultimate borrowers that want long dated
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Crypto Banking 101
This paper describes the business of banking and how it applies in the crypto-world. While Decentralized Finance is all about
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Stablecoin design — Liquidity
Very early draft paper (not sure it will be finished) Crypto-banking 101 In my Crypto banking 101 paper, I’ve described the
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How money market interest rates affect stablecoins
I advocated 2 years ago that stablecoins will see massive adoption. That true by market capitalization and by transactions volume. Interestingly, the
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