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Latest News
Martin Oehmke awarded the Sudipto Bhattacharya Memorial Prize
26/05/2026
Manav Chaudhary awarded the Bank of England's Houblon-Norman and George Fellowships
05/05/2026
Dr Hyun Song Shin appointed as Governor of the Bank of Korea
21/04/2026
Vacancy: Research Assistant - LSE Financial Opportunities Programme
27/03/2026
Latest Publications
Stablecoins: Policy, sovereignty and backstops
No jurisdiction can ignore stablecoins. They can be banned outright only in the most effectively authoritarian countries, or accommodated and even...
The geopolitics of stablecoins
Stablecoins are private digital money pegged to a fiat currency, overwhelmingly the US dollar. Dollar stablecoins reinforce American monetary and...
Stablecoins are run-optimised instruments
Stablecoins are private digital money designed to trade at par with a fiat currency, usually the US dollar. This column argues that stablecoins are...
The paradox of perfect supervision
Each financial crisis brings more financial supervision, more models and larger buffers – but still fragility persists. The paradox of perfect...