Manmohan Singh on the Role and Structure of Stablecoins and the Impact of Collateral in the Financial System

Manmohan Singh on the Role and Structure of Stablecoins and the Impact of Collateral in the Financial System

Manmohan Singh is a senior economist at the International Monetary Fund and works on rehypothecation, shadow banking, the plumbing of the monetary system, and more. Manmohan joins Macro Musings to talk about stablecoins, central bank balance sheets, central bank digital currencies, and their broader implication for central banks. David and Manmohan specifically discuss the role and structure of stablecoins, the impact of collateral within the financial system, how the Fed have looked to address plumbing issues within this system, and more.

Take the Macro Musings listener survey here.

Transcript for the episode can be found here.

Manmohan's VoxEU profile: https://voxeu.org/users/manmohansingh0

Manmohan's Risk.net archive: https://www.risk.net/author/manmohan-singh

Related Links:

*Interoperability of Stablecoins* by Manmohan Singh, Caitlin Long, and Charles Kahn

https://www.centralbanking.com/fintech/7892256/interoperability-of-stablecoins

*How to Stop Stablecoins from Hoarding Precious Collateral* by Manmohan Singh and Caitlin Long

https://www.risk.net/comment/7948696/how-to-stop-stablecoins-from-hoarding-precious-collateral

*Money is Privacy* by Charles Kahn, James McAndrews, and William Roberds

https://www.jstor.org/stable/3663561

*Investors Withdraw Over $7 Billion from Tether, Raising Fresh Fears About Stablecoin's Backing* by Ryan Browne

https://www.cnbc.com/2022/05/17/tether-usdt-redemptions-fuel-fears-about-stablecoins-backing.html

David's blog: macromarketmusings.blogspot.com
David's Twitter: @DavidBeckworth

Avsnitt(541)

Mike Bird on the Land Trap and How the History of Housing Impacts the Global Economy

Mike Bird on the Land Trap and How the History of Housing Impacts the Global Economy

Mike Bird is the Wall Street editor for The Economist magazine and is the author of The Land Trap: A New History of the World's Oldest Asset. Mike returns to the show to discuss the conclusion of Aben...

24 Nov 20251h 1min

Lukasz Rachel on Non-Ricardian Macroeconomic Policy and Its Implications for Inflation

Lukasz Rachel on Non-Ricardian Macroeconomic Policy and Its Implications for Inflation

Lukasz Rachel is a former Bank of England economist and currently is an assistant professor of economics at the University College of London. In Lukasz's first appearance on the show he discusses his ...

17 Nov 202551min

Tara Sinclair on Building a Synthetic FOMC Through AI

Tara Sinclair on Building a Synthetic FOMC Through AI

Tara Sinclair is a professor and chair of the economics department at George Washington University. Tara returns to the show to discuss her ambitious paper simulating an FOMC meeting before it happens...

10 Nov 202552min

Bryan Cutsinger on the What the History of Growth Driven Deflation Can Teach us about a Potential AI Boom

Bryan Cutsinger on the What the History of Growth Driven Deflation Can Teach us about a Potential AI Boom

Bryan Cutsinger is a monetary historian and an assistant professor of economics at Florida Atlantic University. Bryan returns to the show to discuss how we think about deflation, the history of grow...

3 Nov 202556min

Will Roberds and Steve Quinn on the Original Central Bank: the Bank of Amsterdam

Will Roberds and Steve Quinn on the Original Central Bank: the Bank of Amsterdam

Will Roberds is an economist emeritus of the research department of the Federal Reserve Bank of Atlanta. Steve Quinn is a professor of economics at Texas Christian University. In Will and Steve's firs...

27 Okt 202557min

Jim Clouse on the Last 4 Decades at the Most Powerful Central Bank in the World

Jim Clouse on the Last 4 Decades at the Most Powerful Central Bank in the World

Jim Clouse is a veteran of the Federal Reserve System and is currently a fellow at the Andersen Institute. In Jim's first appearance on the show, he discusses the evolution of monetary rules at the Fe...

20 Okt 20251h 1min

Manmohan Singh on the Meaning of Money after the GENIUS Act

Manmohan Singh on the Meaning of Money after the GENIUS Act

Manmohan Singh is the editor-in-chief of the Journal of Financial Markets Infrastructure. Manmohan returns to the show to discuss whether money still matters, the impacts of the GENIUS ACT, the lobbyi...

13 Okt 202553min

Raphael Bostic on Life as a Regional Fed President, the Responsibilities of a Dual Mandate, and the Results of the 2025 Framework Review

Raphael Bostic on Life as a Regional Fed President, the Responsibilities of a Dual Mandate, and the Results of the 2025 Framework Review

Raphael Bostic is the president and chief executive officer of the Federal Reserve Bank of Atlanta. In President Bostic's first appearance on the show, he discusses his love of birding, what that teac...

6 Okt 202542min

Populärt inom Business & ekonomi

framgangspodden
badfluence
varvet
rss-jossan-nina
rss-svart-marknad
rss-borsens-finest
uppgang-och-fall
rss-dagen-med-di
avanzapodden
lastbilspodden
rss-inga-dumma-fragor-om-pengar
rss-kort-lang-analyspodden-fran-di
fill-or-kill
bathina-en-podcast
bilar-med-sladd
borsmorgon
market-makers
24fragor
dynastin
svd-tech-brief