Hey, we're Paperblock. The global consortium for institutional DeFi.

See what we’ve
written lately
Paperblock
Meet our author Meet our authors Meet our top authors

Towards Verifiability of Total Value Locked (TVL) in Decentralized Finance

Total Value Locked (TVL) has become one of the most cited metrics in decentralized finance (DeFi). Market commentators, analysts, and even institutional investors use TVL to gauge the scale of DeFi activity and the health of specific protocols. Yet the Bank for International Settlements (BIS), in its Working Paper “Towards...

DeFiying Gravity? Cross-Border Bitcoin, Ether, and Stablecoin Flows

Global adoption of digital assets has introduced new layers of complexity to cross-border capital flows. Bitcoin, Ether, and stablecoins represent the backbone of both retail and institutional activity in crypto markets. Their movement across jurisdictions raises important questions about monetary sovereignty, regulatory arbitrage, and systemic risk. The BIS Working Paper...

Stablecoin Growth: Policy Challenges and Institutional Pathways

Stablecoins have evolved from niche technological experiments to instruments of growing relevance in the global financial ecosystem. By 2025, their role as settlement infrastructure, value transfer vehicle, and bridge between traditional and decentralized markets has reached an inflection point. BIS Bulletin No. 108 analyzes this expansion, highlighting associated risks, regulatory...

You’ve successfully subscribed to Paperblock
Welcome back! You’ve successfully signed in.
Great! You’ve successfully signed up.
Success! Your email is updated.
Your link has expired
Success! Check your email for magic link to sign-in.