---
title: Stablecoins Meet the Mundell–Fleming Trilemma
url: https://www.ml-quant.com/papers/repec/fip-fednsr-103702/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:fip:fednsr:103702
source_url: https://econpapers.repec.org/RePEc:fip:fednsr:103702
featured: 2026-09-25
citations: unknown
topic: Crypto & DeFi
---


# Stablecoins Meet the Mundell–Fleming Trilemma

Wallet-level stablecoin data shows crisis countries experience inflows during banking restrictions; this endogenizes capital mobility and tightens monetary policy constraints.

- Source: https://econpapers.repec.org/RePEc:fip:fednsr:103702
- Identifier: RePEc:fip:fednsr:103702
- Released: 2026-09-14
- First featured: Quant Letter No. 132 (2026-09-25): https://www.ml-quant.com/issues/2026-09-25/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Crypto & DeFi
- Authors: Pablo D. Azar, Maryam Farboodi, Nish Sinha

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