The Weekly Peg: An academical deluge

Eichengreen, Cecchetti, Garratt, Portes, Andolfatto, Uhlig, Wu all talk stablecoins.
The Weekly Peg: If the mountain won’t come to JPM, let JPM come to the mountain

As tokenized deposits rain on the stablecoin parade, the fintech life cycle nears completion. Fragmentation is becoming unsustainable. Plus, yen stablecoins come to the rescue of Takaichi.