Iñaki Aldasoro
Bank for International Settlements
Iñaki Aldasoro is Principal Economist at the Monetary and Economic Department of the Bank for International Settlements. His interests include banking and finance, monetary economics, non-bank financial intermediation and financial innovation. Iñaki holds a Ph.D. in Economics from Goethe University in Frankfurt.
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Articles by Iñaki Aldasoro
On par: a money view of stablecoins
The authors apply a money view analysis to stablecoins, revealing the character if existing on-chain liquidity mechanisms that support the premise of par settlement and finding liquidity rather than solvency to be the factor confronted by par settlement.