This study investigates by adopting a legal view how feasible could be for stablecoins to prevent price and financial instability. The composition, reliability and stability features of the reserves backing stablecoins as well as the consequent perspectives for acquiring the 'legal tender' label...

During the last decade, property prices in Germany steadily appreciated and reached an all-time high in 2022. In the wake of the global financial crisis that was triggered by a housing market bubble in the U.S., banking authorities introduced an additional systemic risk buffer. This buffer aims...

In 2022, US financial regulators proposed to mandate a single central clearing mechanism for treasury bonds and repo transactions to stabilize financial markets. The systemic risks inherent in repo markets were first highlighted by the global financial crisis and, as a response, global financial...