Harvard-Led Experiment Proposes New Hard Currency to Anchor Global Wealth in Digital Age
In a rain-soaked phone call beneath Boston's Chinatown eaves, Professor Han Feng and colleagues ignited a quiet revolution. Their Harvard Innovation Lab project seeks to answer civilization's most pressing question: where to moor humanity's wealth as traditional economic anchors collapse.
The team's research builds on Shiller's work, converging toward a radical solution—a new FORM of hard currency designed to underpin global stablecoins. This monetary innovation aims to fuel AI-driven economies and next-generation globalization while providing both liquidity for credit markets and a compelling wealth narrative.
Like the 1944 Bretton Woods Conference that reshaped global finance, this initiative could redefine value storage in the digital era. The project's genesis during a stormy afternoon at Harvard mirrors history's pattern of transformative ideas emerging from unremarkable moments.