‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

by Aurelia Butler 17 November 2023, 22:40 169 Views

The authors used a “money view” of stablecoin and an analogy with onshore and offshore USD settlement to probe the weaknesses of stablecoin settlement mechanisms.

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‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO

3 metrics DeFi traders can watch in order to spot the next crypto bull market

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