Work

The Concept of Stablecoins and Their Future Prospects

Year: 2025

Type: article

Abstract: Based on the author’s study and research in the virtual currency course at Columbia University’s Pre-College Summer Program, combined with discussions with American virtual currency experts, this paper systematically analyzes the definition, operating mechanisms, types, regulatory policies, application scenarios, potential risks, future development, and relationship with the US dollar of stablecoins. The article uses ten core questions as the main thread, comprehensively exploring the position and prospects of stablecoins in the global digital financial landscape, aiming to provide readers with a panoramic understanding from concept to trend.

Source: Proceedings of Business and Economic Studies

DOI: 10.26689/pbes.v8i5.12105

Author: Hongfei Jiao

Institution: Columbia University

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

Open Access status: diamond

OpenAlex ID: W7087531625

FWCI: 1.107

Cites:

Cited by: 1

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