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Beretta_2025_DunckerHumblot_vaw.2025.1457707
Journal article

From Bitcoin to stablecoins and their contribution to the monetary landscape : the case of Lugano’s Plan ₿

  • 2025
Published in:
  • Vierteljahreshefte zur Arbeits- und Wirtschaftsforschung. - 2025
Complementary currencies
Cryptocurrencies
Lugano’s Plan ₿
Public-private partnership
Stablecoins
Tether
English The present contribution explores – for the first time in economic literature – the monetary experiment called Lugano’s Plan ₿ and conducted by the City of Lugano (Switzerland) since March 2022 consisting of a public-private partnership with a global player in the stablecoin market such as Tether. In addition to stimulating a vivacious public debate about payment methods and fostering educational initiatives, the City of Lugano has created LVGA, a local payment token based on blockchain technology, which represents de facto a stablecoin pegged to the Swiss franc. The present case study provides further insights into the local experience of Lugano and might represent an example of “best practices” to be further explored by the economic literature in the future.
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Language
  • English
Classification
Economics
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License
CC BY
Open access status
gold
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Persistent URL
https://n2t.net/ark:/12658/srd1334721
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