This book examines the emergence of stablecoins and synthetic dollar instruments within modern blockchain-based financial systems. It approaches these developments from an analytical perspective, focusing on how monetary structures are designed, how digital settlement mechanisms function, and how regulatory risk is evaluated across jurisdictions.
Rather than presenting implementation guidance or investment strategies, the text situates stablecoins and synthetic representations of fiat currency within broader monetary and financial architecture. It explores settlement infrastructure, collateral models, governance structures, and the interaction between decentralized networks and existing financial frameworks.
The book also analyzes regulatory considerations affecting blockchain finance, including classification challenges, compliance pressures, systemic risk concerns, and the evolving role of financial oversight. These topics are discussed descriptively, with attention to policy context and structural implications rather than prescriptive conclusions.
Written for readers interested in financial systems, monetary theory, and digital market infrastructure, this work provides a structured examination of how blockchain-based monetary instruments are conceptualized, governed, and assessed within contemporary finance