Post by: newshunter on November 09, 2023, 01:00:42 PM
“Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg,” wrote the Bank for International Settlements.
Source: Stablecoins ‘not a safe store of value’ — BIS (https://cointelegraph.com/news/stablecoins-not-safe-store-value-bis-bank-for-international-settlements)
Would appreciate your opinion about this