Richmond Fed Research Director Kartik Athreya shares takeaways from the annual Technology-Enabled Disruption Conference, co-hosted by the Richmond, Atlanta and Dallas Feds.
Digital Currency
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Explore our research into digital forms of currency and their potential impact on the economy.
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FTX and its affiliated arms seemed to create a risky situation that ultimately fell apart.
Russell Wong discusses the emergence of stablecoin as an alternative to more volatile cryptocurrencies in the financial system. Wong is a senior economist at the Federal Reserve Bank of Richmond.
How might a CBDC alter the banking system? How does credit easing affect bank runs? These and other questions were addressed during a recent Richmond Fed conference.
Properly regulating stablecoins could achieve the same objectives as issuing a central bank digital currency.
When confidence in Terra's currencies was shaken, it created a freefall that couldn't be stopped.