Research
Papers
In-depth primers and analysis on stablecoins, blockchain infrastructure, and digital asset markets. Written for readers who want the technical and regulatory detail behind the headlines.
Stablecoin Fundamentals
Stablecoins are digital tokens built to hold a steady $1.00 value, usually backed 1:1 by cash and short-term government securities, letting users move money on blockchain rails without crypto's price volatility. The report covers who uses them, the main types, how reserve-backed issuers like Tether and Circle actually work, why the underlying blockchain matters, and the key risks.
Wallet Monitoring
Wallet monitoring is the industry practice of screening blockchain addresses and tracking transaction flows to assess risk, since public blockchains are permanently traceable once an address is linked to an identity. Analytics firms cluster addresses into entities, attribute labels (exchange, darknet market, sanctioned entity), and score wallets by their exposure to high-risk categories — used by exchanges and regulators for AML/CFT compliance. The report explains what wallet owners should know, what compliance specialists should know, and the field's real limits.