• 18/05/2025 22:25

Deutsche Bank explores the history of “stablecoins” since 1800

ByNazar Bogudan

May 13, 2024

The largest bank in Germany decided to study the history of pegging different currencies to other assets over 224 years. This was reported by the press service of Deutsche Bank.

Deutsche Bank has researched the history of

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Analysts have come to the conclusion that that only 14% of such currencies survived, and 49% lasted 8-10 years. The study took into account 334 “stablecoins”.

Such an analysis was made against the backdrop of the popularity of digital stablecoins and the existence of high risks associated with them.

minfin.com.ua

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