DEVELOPMENT OF MULTI-AGENT BASED SIMULATOR WEB DASHBOARD TO ANALYZE STABILITY OF STABLECOIN TYPES OF CRYPTOCURRENCY

• Main Author: Thoriq Ziyadatul Iman, Muhamad
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/64586
• Institution: Institut Teknologi Bandung

Based on data from Triple A, Indonesia occupies the top 30 in crypto asset ownership in 2021, of which crypto asset holders in Indonesia in 2021 are 7.4 million people, which has increased by 85 percent when compared to the previous year [3] , so In those years, the Commodity Futures Trading Regulatory Agency (CoFTRA) as the regulatory authority in Indonesia issued a list of 13 legal exchanges licensed to operate in Indonesia and also released at least 229 crypto assets that are legal for Stablecoin, a type of cryptocurrency. which plays a very large role in the adaptation of cryptocurrencies in Indonesia. In a way that helps explain its value is always stable offering a blockchain technology reference currency but not having extreme fluctuations in order to be used as legal tender, and also making stablecoins a bridge between fiat and other more volatile cryptocurrencies. From the phenomena above and the data that has been submitted, it indicates that the Indonesian people have a high enough interest and potential, so that adequate developments and regulations are needed to regulate and monitor the operation of digital asset transactions in the form of crypto in order to remain in accordance with the legal basis. existing law. In this final project, a dashboard is developed that contains a multi-agent-based simulator application to analyze the stability of stablecoins in order to assist economic stakeholders in making decisions and regulations by reviewing the behavior of the Indonesian market towards certain stablecoin mechanisms.