19th Online Seminar in Finance: Larisa Yarovaya, University of Southampton
The Institute of Finance at PUEB is pleased to announce the 19th Online Seminar in Finance.
Speaker: Larisa Yarovaya, Universiy of Southampton
Title: Analysis of Historical Currency Pegs Since 1800: Implications for the Survivability of Stablecoin
Abstract: This paper examines the historical context of currency pegs from 1800 to 2023 to draw lessons for modern stablecoins. Based on the analysis of 350 pegs, we introduce the Stablecoin Survivability Assessment Framework (SSAF), which integrates a comprehensive set of factors to provide a holistic approach for evaluating the stability and resilience of modern stablecoins, advancing the theoretical frontiers of digital finance. Our analysis shows that effective governance, substantial economic backing, and transparent reserve management have been crucial for maintaining stability in both historical pegs and modern stablecoins. Applying these insights, we conclude that dominant stablecoins like Tether remain vulnerable to de-pegging.
Date: May 16th, 2025, 15:00 (Warsaw time)
Speaker’s bio: Dr. Larisa Yarovaya is an Associate Professor of Finance and Director of the Centre for Digital Finance at Southampton Business School, University of Southampton, UK, and serves on the Advisory Board of the British Blockchain Association, which supports the All-Party Parliamentary Group on Blockchain Technologies. An expert in international finance and Fintech, she has authored over 80 academic papers and co-edited the book Cryptocurrency and Blockchain Technology. Larisa ranks among Stanford’s top 2% of global scientists and is listed in the Top 5 of RePEc’s Top 200 Young Economists, based on a pool of nearly 15,000 early-career researchers, with her work cited over 10,000 times. Her research has been featured by major media outlets such as the BBC, MarketWatch, FT Live, CBC, Euronews, and Bloomberg, and she has appeared in CNBC’s documentary series on Ethereum and Stablecoins. As a key voice in policy and regulatory discussions, Larisa also chairs and founded the Cryptocurrency Research Conference, which since 2018 has become the largest specialized academic conference on crypto and DeFi. She holds several editorial positions, including Associate Editor roles at the International Review of Financial Analysis, International Review of Economics and Finance, Emerging Markets Review, and Research in International Business and Finance; Subject Editor at the Journal of International Financial Markets, Institutions & Money; and Section Editor at Heliyon Finance and Data-in-Brief.
To register, click here: https://forms.gle/uFEWCWmy8ZKfAaEa9
Registration deadline: May 14, 2025, 20:00 (Warsaw time). The invitation to the Teams webinar will be sent on May 15, 2025.
