Will stablecoins play an important role in payments? We contribute novel empirical evidence on this question using high-frequency changes in the stock prices of incumbent payment firms around the passage of major stablecoin legislation.
|
Location: Meeting Halls A&B HQ1-3-430A&B
Will stablecoins play an important role in payments? We contribute novel empirical evidence on this question using high-frequency changes in the stock prices of incumbent payment firms around the passage of major stablecoin legislation.