Kevin He and Wesley Tan recently presented their research at the 2026 AALAC Workshop on Monetary Economics in the Digital Era at Grinnell College on March 8-9. Alongside eight frontier research presentations on money and banking, they shared updates on their own ongoing projects. The workshop brought together participants from the New York Fed, Williams College, Amherst College, Swarthmore College, Vassar College, Barnard College, Middlebury College, St. Olaf College, Pomona College, and Macalester College.
Kevin’s presentation was titled “Tradability and Discipline: How Secondary Markets Affect Bank Risk-Taking,” and Wesley’s was “Optimal Stablecoin Contracts under Limited Commitment and Congestion.” It was a valuable opportunity for them to present their work, receive feedback, and join broader conversations on money, banking, and digital finance.
We are very proud of their work and excited to see how these projects continue to grow.






