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 "@id": "https://wulfkaal.github.io/positions/2026-07-31-6115",
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 "additionalType": "https://wulfkaal.github.io/positions/schema.json#AffirmedPositionClaim",
 "name": "Streaming Financial Stability And Systemic Risk In Stablecoins C0F6E1Ff0B",
 "text": "Financial Stability and Systemic Risk in Stablecoins presents the following source proposition: This perspective paper examines the conditions under which stablecoins may become “too big to fail” and analyzes the unique risks posed by algorithmic and decentralized autonomous organization (DAO)-based models. This proposition is pertinent to Kaal's source-bound claim that Decentralized banking substitutes blockchain transparency, a permanently uneditable record, and equal access for the governmental fiat that traditionally created public confidence, building slowly toward the higher confidence equilibrium that raises economic efficiency. The proposed response is a qualification: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
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 "datePublished": "2026-07-31",
 "dateModified": "2026-07-31",
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 "keywords": [
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  "systemic-risk",
  "disclosure",
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  "openalex"
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  "The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.",
  "External evidence level: abstract indexed.",
  "Mapping review tier: moderate-confidence claim review.",
  "Primary mapping confidence: 0.3515.",
  "The source-to-claim mapping remains explicitly ambiguous and is published with that limitation."
 ],
 "currentDebate": {
  "name": "Financial Stability and Systemic Risk in Stablecoins",
  "url": "https://doi.org/10.4018/979-8-3373-9043-7.ch004"
 },
 "extends": {
  "identifier": "kaal:claim:3406323-029",
  "url": "https://wulfkaal.github.io/claims/3406323-029",
  "citation": "Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323",
  "paper": "Wulf A. Kaal, Decentralization - A Primer on the New Economy",
  "authors": [
   "Wulf A. Kaal"
  ],
  "year": "2019",
  "ssrn": "https://ssrn.com/abstract=3406323",
  "source_pdf_sha256": "6293780b57a1ae1de17ec00f99cc94295d4f72ea4d08b17a5c08c44772b221db"
 },
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  {
   "@type": "CreativeWork",
   "name": "Financial Stability and Systemic Risk in Stablecoins",
   "url": "https://doi.org/10.4018/979-8-3373-9043-7.ch004"
  }
 ],
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 "review_provenance": "https://kaal-signal-desk.wulf577462.chatgpt.site/#review",
 "publicationStatus": "public",
 "recordTypeNote": "Dated commentary position extending a scholarly corpus claim. Not a verbatim claim extracted from the paper.",
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 "evidenceLevel": "abstract indexed",
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 "mappingAmbiguous": true,
 "mappingMethod": "idf-weighted multi-field mapping v1",
 "mappingWhyRelevant": "Shared high-information concepts: systemic, risk, decentralized, blockchain, technology, economic, banking, efficiency. Scope: banking systems whose efficiency depends on public confidence equilibria.",
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  "queryText": "decentralized autonomous organization",
  "canonicalUrl": "https://doi.org/10.4018/979-8-3373-9043-7.ch004",
  "doi": "10.4018/979-8-3373-9043-7.ch004",
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    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: systemic, risk, decentralized, blockchain, technology, economic, banking, efficiency. Scope: banking systems whose efficiency depends on public confidence equilibria.",
    "ambiguous": true
   },
   {
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    "whyRelevant": "Shared high-information concepts: systemic, risk, too, fail, decentralized, autonomous, blockchain. Scope: fees are set by the contracting parties, not by the platform.",
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    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: unique, organization, dao, blockchain, technology, security, regulation. Scope: applies to autonomously revenue generating AI DAOs; arises from blockchain immutability and security guarantees.",
    "ambiguous": true
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   {
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    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: financial, systemic, risk, organization, currency, digital, technology. Scope: crypto funds holding broad baskets of digital assets.",
    "ambiguous": true
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    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: financial, systemic, risk, too, big, fail. Scope: Applies to institutions considered too big to fail.",
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 "userAffirmation": "I affirm batch kaal-review:2026-07-31:streaming-etl-0003, SHA-256 8afd77518bf3e6dff3e21ea20524a254cd29e7e4678a80362a24c26c8dc039e2, as written and authorize publication of all 250 response claims on my canonical property, preserving their evidence levels, ambiguity labels, provenance, and the unchanged 5,033 scholarly claims.",
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