LPFMI and Economic Innovation – Introduction to Stablecoins– Theory, Structures, Use Cases

WEBINAR INFORMATION
Part of the research agenda for the Young Scholars Initiative’s (YSI) Liquidity Project Financial Market Infrastructure (LPFMI) includes innovations in settlement, clearing and financial infrastructure. Stablecoins (cryptocurrency designed to be stable in value) are an excellent example of the nascent innovation that has come about in financial technology that is relevant to modern liquidity problems in financial markets.

This webinar will walk through an overview of Stablecoins while covering the basics of their classification and design. Major topics we plan to touch on include:
• Emerging economic theory of stablecoins as an asset or liability
• Various stablecoin structures as financial instruments, currency IOU’s, and more
• Current emerging use cases in the market

LPFMI INFORMATION
As some of you know, LPFMI is concerning itself around liquidity questions in financial market infrastructure (FMI) and is therefore open to all questions regarding
i. Liquidity problems at FMIs – this is the core of this project
ii. Liquidity problems in the financial system – this could be the next LP focus
iii. FMI problems in general – this includes innovation such as blockchain / DLT

Should you want to learn more about LPFMI, check out the links below for our initiation presentation from Jun. 2019. There were also Q&A webinars on the presentation, you can check out as well or reach out to any of us at LPFMI. Come join us!

LPFMI EVENTS OUTLOOK
The above mini webinar series will be part of a broader LPFMI Fall 2020 curriculum. You can find an overview (date 04. Oct. 2020 subject to updates) at https://drive.google.com/file/d/10Hgj3S9Oh-k29eEypaIv6MhSkOHJWgAu/view?usp=sharing Come join us as well for the other webinar series!

LPFMI and Economic Innovation (con't)
• Cross Border Payments and Blockchain
• FX Past, Proposed and Missing Innovation with Dr. Robert Hofmeister (ECB)

LPFMI and the Law
• PREP. – CCPs for OTC Derivatives: the Foundations of the Legal and Regulatory Framework
• DEBRIEF – CCPs for OTC Derivatives: the Foundations of the Legal and Regulatory Framework with Dan Awrey (Cornell)
• Uncleared margining regulation with Poseidon Retsinas (HedgeLegal)

LPFMI and Economic Development
• CCP role in Frontier Countries with CCP expert

LPFMI @ YSI Virtual Plenary
• LPFMI events 6. – 15. Nov. 2020 online to be confirmed soon

Earmarked F2F conferences – to be confirmed
• LPFMI along BuBa/ECB/FRBC CCP conference 1. ‐ 4. Mar. 2021 in Frankfurt, DE Europe
• FRBC annual OTCD/Clearing Symposium in Jul. 2021 in Chicago, IL USA