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ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable

by SB Crypto Guru News
October 8, 2024
in Bitcoin
Reading Time: 1 min read
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ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is QuestionableA recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive. ECB Paper: Stablecoins Are Susceptible to […]



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