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The relative benefits and risks of stablecoins as a means of payment : a case study perspective

Ho, Annetta; Darbha, Sriram; Gorelkina, Yuliya; … - 2022

Our paper contributes to the discussion about the utility of stablecoins for retail payments through an objective … of stablecoin arrangements used for retail payments relative to traditional retail payment methods. We select three real …-world examples for comparison: (i) a Mastercard credit card payment through a traditional bank; (ii) a Unified Payments Interface …

Persistent link: https://www.econbiz.de/10013489726

Estimating the appropriate quantity of settlement balances in a floor system

Bulusu, Narayan; McNeely, Matthew; McRae, Kaetlynd; … - 2023

In April 2022, the Bank of Canada announced that it would continue to use a floor system to implement monetary policy by providing a sufficiently large quantity of settlement balances to enable the overnight repo rate to trade at close to the deposit rate. In contrast, the Bank's guiding...

Persistent link: https://www.econbiz.de/10014392970

Privacy-enhancing technologies for CBDC solutions

Arora, Rakesh; Du, Han; Kazmi, Raza Ali; Le Duc-Phong - 2025

With the rapid digitization of financial transactions, central banks have given considerable focus in recent years to the research and development of central bank digital currencies (CBDCs). While CBDCs could offer several advantages, there are concerns about end-user privacy. Traditional...

Persistent link: https://www.econbiz.de/10015175424

The role of convenience and risk in consumers' means of payment

Arango, Carlos; Taylor, Varya - 2009

Using data from a 2004 survey of the Canadian public, the authors study the role of convenience and risk in consumers' use of cash relative to debit and credit cards. The authors find that consumers who perceive debit cards and credit cards to be more convenient and less risky than cash use them...

Persistent link: https://www.econbiz.de/10003933185

Network analysis and Canada's large value transfer system

Embree, Lana; Roberts, Tom - 2009

Analysis of the characteristics and structure of a network of financial institutions can provide insight into the complex relationships and interdependencies that exist in a payment, clearing, and settlement system (PCSS), and allow an intuitive understanding of the PCSS's efficiency, stability,...

Persistent link: https://www.econbiz.de/10003933244

The impact of operational events on the network structure of the LVTS

Roberts, Tom - 2011

estimated to correspond to a decline in connectivity of about 6 or 7 per cent, due to other participants not sending payments to … inconvenient enough to warrant a delaying of payments, at least to the problem participant. There is no strong evidence of systemic … effects, whereby participants also delay payments to nonproblem counterparties, in an effort to maintain a reasonable …

Persistent link: https://www.econbiz.de/10009266636

The Bank of Canada's 2009 Methods-of-Payment survey : methodology and key results

Arango, Carlos; Welte, Angelika - 2012

The authors present the methodology and main findings of the Bank of Canada’s 2009 Methods-of-Payment survey, a detailed investigation of consumer payment behaviour in Canada. The survey targeted the 18- to 75-year-old Canadian resident population. During November 2009, participants answered a...

Persistent link: https://www.econbiz.de/10009618431