Stablecoins ‘not a safe store of value’ — BIS

by Aurelia Butler 8 November 2023, 19:40 149 Views

In outlining its reasons, the BIS explained that from January 2019 to September 2023, fiat-backed stablecoins maintained their peg ratio only 94% of the time, less than the 100% often promised in projects’ white papers. Meanwhile, the peg ratio for crypto-backed and commodity-backed stablecoins was far less at 77% and 50%, respectively.

Continue Reading on Cointelegraph

Bitcoin market dominance slips as Solana surges amid bullish crypto trends

As more consumers struggle with credit card debt, here’s what to know heading into the holiday season

This portal is not a newspaper as it is updated without periodicity. It cannot be considered an editorial product pursuant to law n. 62 of 7.03.2001. The author of the portal is not responsible for the content of comments to posts, the content of the linked sites. Some texts or images included in this portal are taken from the internet and, therefore, considered to be in the public domain; if their publication is violated, the copyright will be promptly communicated via e-mail. They will be immediately removed.

Stablecoins ‘not a safe store of value’ — BIS

Bitcoin market dominance slips as Solana surges amid bullish crypto trends

As more consumers struggle with credit card debt, here’s what to know heading into the holiday season

ITALIAN LANGUAGE

ENGLISH LANGUAGE