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Ann: Pipeline of Over 500 New Merchants to be Onboarded, page-14

  1. Anton
    1,047 Posts.
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    09/07/24
    07:55
    Post #: 74664206
    FINANCIAL AND MONETARY SYSTEMS

    What stablecoins can learn from history's
    currency pegs

    Jul 3, 2024

    Recent volatility in the stablecoin market has historical precedents.

    Image:Unsplash/Maxim Hopma

    Marion Laboure
    Managing Director - Macro Strategist, Thematic Research,Deutsche BanK
    OUR IMPACT
    What's the World Economic Forum doing toaccelerate action on Financial and Monetary Systems?
    This article is part of:Centre for Financial and Monetary Systems
    • Recent volatility in the stablecoin market, like the collapse of TerraUSD, has raised concerns about the stability and reliability of these digital assets.
    • However, an extensive deep dive into 334 historical currency pegs since 1800 reveals valuable lessons for stablecoins facing challenges today.
    • By heeding the lessons of history, policy-makers and stablecoin issuers can work to build a more stable and trustworthy digital asset ecosystem.

    more here ….

    https://www.weforum.org/agenda/2024/07/what-stablecoins-can-learn-from-historys-currency-pegs/DYOR. Cheers Anton
    Last edited by Anton: 09/07/24
    NOV Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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