Evolution and Financial Implications of Stablecoins – A Literature Review

The market size of stablecoins, as an important tool to connect traditional finance and digital assets, is also expanding and has reached a considerable scale. However, the widespread adoption of stablecoins is accompanied by multiple issues such as technical risks, regulatory challenges, and market...

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Main Author: Su Zeyang
Format: Article
Language:English
Published: EDP Sciences 2025-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2025/09/shsconf_icdde2025_04016.pdf
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author Su Zeyang
author_facet Su Zeyang
author_sort Su Zeyang
collection DOAJ
description The market size of stablecoins, as an important tool to connect traditional finance and digital assets, is also expanding and has reached a considerable scale. However, the widespread adoption of stablecoins is accompanied by multiple issues such as technical risks, regulatory challenges, and market volatility. This study systematically analyzes the current situation of stablecoins, sorts out the definition and classification of stablecoins, discusses the far-reaching impact and potential risks of stablecoins on the financial market, and aims to reveal their role and challenges in the global financial system. The research significance of this paper is to provide policymakers, market participants, and academia with a comprehensive analysis of the risks and opportunities of stablecoins, and to suggest key directions for future development, including regulatory coordination, technological innovation, and further integration with the traditional financial system. The study concluded that the sustainable development of stablecoins depends on improved technical security, the improvement of the global regulatory framework, and the enhancement of market transparency. Future studies can further explore the competitive relationship between central bank digital currencies and stablecoins, as well as the application potential of artificial intelligence in stablecoin risk management.
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institution Kabale University
issn 2261-2424
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series SHS Web of Conferences
spelling doaj-art-7dab9b95073a43caa87ab851071bc2f92025-08-20T03:31:36ZengEDP SciencesSHS Web of Conferences2261-24242025-01-012180401610.1051/shsconf/202521804016shsconf_icdde2025_04016Evolution and Financial Implications of Stablecoins – A Literature ReviewSu Zeyang0Economy and management, Beijing University of TechnologyThe market size of stablecoins, as an important tool to connect traditional finance and digital assets, is also expanding and has reached a considerable scale. However, the widespread adoption of stablecoins is accompanied by multiple issues such as technical risks, regulatory challenges, and market volatility. This study systematically analyzes the current situation of stablecoins, sorts out the definition and classification of stablecoins, discusses the far-reaching impact and potential risks of stablecoins on the financial market, and aims to reveal their role and challenges in the global financial system. The research significance of this paper is to provide policymakers, market participants, and academia with a comprehensive analysis of the risks and opportunities of stablecoins, and to suggest key directions for future development, including regulatory coordination, technological innovation, and further integration with the traditional financial system. The study concluded that the sustainable development of stablecoins depends on improved technical security, the improvement of the global regulatory framework, and the enhancement of market transparency. Future studies can further explore the competitive relationship between central bank digital currencies and stablecoins, as well as the application potential of artificial intelligence in stablecoin risk management.https://www.shs-conferences.org/articles/shsconf/pdf/2025/09/shsconf_icdde2025_04016.pdf
spellingShingle Su Zeyang
Evolution and Financial Implications of Stablecoins – A Literature Review
SHS Web of Conferences
title Evolution and Financial Implications of Stablecoins – A Literature Review
title_full Evolution and Financial Implications of Stablecoins – A Literature Review
title_fullStr Evolution and Financial Implications of Stablecoins – A Literature Review
title_full_unstemmed Evolution and Financial Implications of Stablecoins – A Literature Review
title_short Evolution and Financial Implications of Stablecoins – A Literature Review
title_sort evolution and financial implications of stablecoins a literature review
url https://www.shs-conferences.org/articles/shsconf/pdf/2025/09/shsconf_icdde2025_04016.pdf
work_keys_str_mv AT suzeyang evolutionandfinancialimplicationsofstablecoinsaliteraturereview