Drivers of perceived value of cryptocurrency: Comparing stablecoins and non-stable cryptocurrency

Author Identifier (ORCID)

Cheuk Hang Au: https://orcid.org/0000-0002-2121-8573

Abstract

While cryptocurrencies gain popularity, many lose value over time. To harness the benefits of launching a new cryptocurrency, identifying factors influencing its perceived value is crucial. Our in-progress study, based on the Technology-Organisation-Environment (TOE) framework and trust-related literature, revealed that (1) security, transaction speed, supply, gifting, trust, user critical mass, and issuer interaction impact cryptocurrency value directly or indirectly, (2) Technical aspects matter less compared to organizational and environmental factors, (3) Drivers of value differ slightly between stablecoins and non-stablecoins, (4) Some factors influence value indirectly through trust, with no significant direct impact.

Document Type

Conference Proceeding

Date of Publication

1-1-2025

Volume

525 LNBIP

Publication Title

Lecture Notes in Business Information Processing

Publisher

Springer

School

School of Business and Law

RAS ID

77614

Comments

Li, G., Au, C. H., Ho, K. K., & Law, K. M. (2023, December). Drivers of perceived value of cryptocurrency: Comparing stablecoins and non-stable cryptocurrency. In Workshop on e-Business (pp. 83-91). Cham: Springer Nature Switzerland https://doi.org/10.1007/978-3-031-74437-2_7

Copyright

subscription content

First Page

83

Last Page

91

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Link to publisher version (DOI)

10.1007/978-3-031-74437-2_7