Singleness of money in crypto-banking
If a term is quite fashionable in central bank circles those days, it is the singleness of money. BIS papers
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ClearingDAO
Introducing ClearingDAO: a decentralized clearinghouse for stablecoins
I have tediously insisted that the natural system of banking is that of many banks keeping their own cash reserve,
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How to fix the par value of stablecoins
In the real world, a one-dollar bill has the same value as $1 at your Citigroup account or $1 at
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