Seminar | September 20 | 11 a.m.-12:30 p.m. | Zoom
Alex Lipton
Consortium for Data Analytics in Risk
We argue that decentralized finance (DeFi) can be used to reorganize forex trading and market-making. Specifically, we show that an automated market-making (AMM) cross-settlement mechanism for digital assets on interoperable blockchains, handling central bank digital currencies (CBDCs) and stable coins, is a promising venue. We develop an innovative approach for generating fair exchange rates for on-chain assets consistent with traditional off-chain markets. Finally, we illustrate the efficacy of our approach on realized FX rates for G-10 currencies.
Wouter Leenders, leenders@berkeley.edu, 510-
Event Date
-
Status
Happening As Scheduled
Primary Event Type
Seminar
Location
Zoom
Performers
Alex Lipton (Speaker - Featured)
Event ID
147878