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coinpedia 2022-05-10 06:50:16

Stable Coins are Flat to Run : New Financial Stability Report of Federal Reserves

The post Stable Coins are Flat to Run : New Financial Stability Report of Federal Reserves appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe Federal Reserve research stablecoins reported that dollar-pegged stablecoins exhibit “safe asset qualities” in comparison to other crypto assets. The price rises above its peak during market distress events occasionally when other crypto assets drop, leading to more issuance compared to other virtual assets that dive. When prices of crypto like Bitcoin drop, stablecoin is …

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