Balance Sheet Decomposition of Crypto, Stablecoin, Central Bank Digital Currency and Tokenized Assets
Journal of Financial Market Infrastructures, 13(4) · 2026
Economics · Fordham University
Wei Ye
Ph.D. Candidate in Economics
I study digital money and financial stability, with a focus on stablecoins, central bank digital currencies, and tokenized real-world assets.
I am a Ph.D. candidate at Fordham University, advised by Erick W. Rengifo. My dissertation, Essays on the Future of Finance, examines how new forms of money and financial infrastructure affect banking and risk.
2026–27 job market · Expected graduation: May 2027
New York, NY
Job Market Paper
2026–27The Safety Illusion: Stablecoin Trust Banks, Partial Federal Reserve Access, and Financial Stability
Revise and Resubmit · Journal of Financial Stability
Selected research
All papersDemocratization or Illusion? Evaluating Tokenized Real-World Assets from a Retail Investor Perspective
Revise and Resubmit · Journal of Financial Stability
Atomic Settlement and Coordination Fragility
Revise and Resubmit · Finance Research Letters
Academic background
Education
Fordham University
Ph.D. in Economics
2021–2027 (expected)
University of Wisconsin–Madison
M.S. in Economics · Quantitative Track
2019–2021
Liaoning University
B.A. in Economics
2015–2019
Get in touch
Dealy Hall E545 · 441 East Fordham Road
Bronx, NY 10458