Can Cryptocurrencies Be Green? The Role of Stablecoins Toward a Carbon Footprint and Sustainable Ecosystem

Sustainability, Journal Year: 2025, Volume and Issue: 17(2), P. 483 - 483

Published: Jan. 10, 2025

(1) Background: Cryptocurrencies have a substantial environmental impact. In particular, the mining procedure that is employed to produce and finalize transaction energy-intensive generates carbon emissions. Consequently, objective of present investigation investigate function cryptocurrencies in sustainable development. This research specifically investigates stablecoins, novel subject finance academia has potential foster business environment. (2) Methods: A bibliometric analysis was performed using R statistical programming language together with tools Biblioshiny VOSviewer fulfill objective. Data were obtained from Scopus database, their selection completed PRISMA methodology. (3) Results: The results current highlight crucial role stablecoins promoting an alternative decentralized financial sector, offering unique opportunity for market create more inclusive environmentally friendly ecosystem. Moreover, indicates might convert Ethereum into stable currency enhance ecologically path. (4) Conclusions: Stablecoins become tool unpredictable bitcoin environment, stability tumultuous market. users need acknowledge sustainability asset collateral, so far, only regulation progressing this area.

Language: Английский

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Break a peg! A study of stablecoin co-instability

International Review of Financial Analysis, Journal Year: 2024, Volume and Issue: unknown, P. 103608 - 103608

Published: Sept. 1, 2024

Language: Английский

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On the connectedness between the uncertainty of central bank digital currency adoption and stablecoins

The North American Journal of Economics and Finance, Journal Year: 2025, Volume and Issue: unknown, P. 102445 - 102445

Published: May 1, 2025

Language: Английский

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Stablecoin: A Story of (In)Stabilities and Co-Movements Written Through Wavelet

Journal of risk and financial management, Journal Year: 2025, Volume and Issue: 18(1), P. 20 - 20

Published: Jan. 6, 2025

Stablecoins are crypto assets designed to maintain stable value by bridging fiat currencies and volatile assets. Our study extends previous research analyzing the instability co-movement of major stablecoins (USDT, USDC, DAI, TUSD) during significant economic events such as COVID-19 pandemic collapses Iron Finance, Terra-Luna, FTX, Silicon Valley Bank (SVB). We investigated temporal volatility dynamic connections between using wavelet techniques. results showed that announcement USDT’s listing on Coinbase in April 2021 significantly impacted stability stablecoins, evidenced a decline power spectrum. This phenomenon has not been explored literature. Furthermore, collapse SVB was highly relevant stablecoin market. observed high coherence pairs pandemic, listing, SVB. After USDT, DAI became more connected medium term, with USDC extending long term despite negative USDT others. highlights impact exchange listings implications for investors, regulators, cryptocurrency community, especially regarding safe integration these into financial system.

Language: Английский

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Resilience of Stablecoins During Turbulent Times: An Event Study and Wavelet Analysis of Covid-19 and Russia-Ukraine War

Published: Jan. 1, 2025

Language: Английский

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