From money market funds to stablecoins: lessons for central banks

2026

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AI-generated summary

1) This presentation explores the evolving landscape of money market funds and stablecoins, offering crucial insights for central banks navigating financial innovation and stability.
2) * Analyzes the historical impact of money market funds on bank disintermediation and wholesale funding.
* Examines the growth and use cases of stablecoins, highlighting their potential systemic risks.
* Discusses the implications for central banks in preserving the role of central bank money in a digitalized world.
3) Money market funds, stablecoins, central banks, financial stability, digital currency

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