Reducing the Volatility of Cryptocurrencies -- A Survey of Stablecoins

Ayten Kahya; Bhaskar Krishnamachari; Seokgu Yun

Reducing the Volatility of Cryptocurrencies -- A Survey of Stablecoins

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arxiv 2103.01340 v1 pith:JFS7MSNE submitted 2021-03-01 q-fin.GN cs.CR

Ayten Kahya , Bhaskar Krishnamachari , Seokgu Yun This is my paper

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keywords stablecoinsadoptiondifferentapproachescryptocurrenciesdiscussfuturevolatility

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In the wake of financial crises, stablecoins are gaining adoption among digital currencies. We discuss how stablecoins help reduce the volatility of cryptocurrencies by surveying different types of stablecoins and their stability mechanisms. We classify different approaches to stablecoins in three main categories i) fiat or asset backed, ii) crypto-collateralized and iii) algorithmic stablecoins, giving examples of concrete projects in each class. We assess the relative tradeoffs between the different approaches. We also discuss challenges associated with the future of stablecoins and their adoption, their adoption and point out future research directions.

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Reviewed papers in the Pith corpus that reference this work. Sorted by Pith novelty score. Full citation record

Hybrid Stabilization Protocol for Cross-Chain Digital Assets Using Adaptor Signatures and AI-Driven Arbitrage
cs.CR 2025-06 reject novelty 3.0 of 10

A cross-chain stablecoin stabilization design that stacks known primitives (CDPs, adaptor signatures, zkSNARKs, RL hedging) but provides no proof, simulation, or data to support its claims.

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