DeFi: Shadow Banking 2.0?
DeFi: Shadow Banking 2.0? ArXiv ID: ssrn-4038788 “View on arXiv” Authors: Unknown Abstract The growth of so-called “shadow banking” was a significant contributor to the financial crisis of 2008, which had huge social costs that we still grapple with t Keywords: shadow banking, financial crisis, systemic risk, regulatory arbitrage, non-bank financial intermediation, Fixed Income Complexity vs Empirical Score Math Complexity: 0.5/10 Empirical Rigor: 1.0/10 Quadrant: Philosophers Why: The paper is a legal/regulatory analysis using historical case studies and conceptual arguments, with no mathematical modeling or empirical backtesting. flowchart TD A["Research Goal"] --> B["DeFi as Shadow Banking?"] B --> C["Methodology"] C --> D["Empirical Analysis"] D --> E["Data: Tether Reserves & Fixed Income"] E --> F["Computational Process"] F --> G["Correlation & Stress Tests"] G --> H["Findings"] H --> I["Systemic Risk & Regulatory Arbitrage"]