Jul 17, 2024
48 minutes

Stablecoin Runs and the Centralization of Arbitrage

Finance
Security

About this episode

Yiming Ma from Columbia Business School and Anthony Zhang from UChicago explore the intricacies of stablecoins and their impact on financial stability. Learn about the critical role of arbitrage in maintaining price stability and the potential risks associated with these digital assets. Check out their paper here.

Guests

Yiming Ma

Yiming Ma

Associate Professor of Business at Columbia Business School

Anthony Lee Zhang

Anthony Lee Zhang

Associate Professor of Finance at the University of Chicago

Hootenannies

Hootenannies are informal gatherings where folk musicians would jam in front of a crowd. In the same spirit, we like to bring together blockchain innovators, lawyers, technologists and policymakers for laid-back conversations on the regulatory landscape of Web3.