Abstract
The emergence of cryptocurrencies has caught the attention worldwide. Some parties have considered issuing cryptocurrencies an excellent opportunity to raise capital and other businesses. However, the factors that foster the proliferation of cryptocurrency are not fully explored. This paper documented a comparative case study of USDT (a successful stablecoin) and EOS (a successful non-stable cryptocurrency). Based on our findings and previous literature, we suggested a Technology-Institution-Market (TIM) framework for cryptocurrency proliferation. We also elaborated on previous FinTech product development and adoption theories and provided some practical implications for cryptocurrency investors, issuers and regulators.
RAS ID
71527
Document Type
Journal Article
Date of Publication
1-1-2024
Volume
18
Issue
7
School
School of Business and Law
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Publisher
Taylor & Francis
Recommended Citation
Au, C., Li, G., Hsu, W., Shieh, P., & Law, K. (2024). Characteristics of proliferating cryptocurrencies: A comparative study between stable and non-stable cryptocurrencies. DOI: https://doi.org/10.1080/17517575.2024.2356771
Comments
Au, C. H., Li, G., Hsu, W. S., Shieh, P. H., & Law, K. M. (2024). Characteristics of proliferating cryptocurrencies: a comparative study between stable and non-stable cryptocurrencies. Enterprise Information Systems, 2356771. https://doi.org/10.1080/17517575.2024.2356771