How Stable are Stablecoins and What Factors Affect Volatility?
Author: Kirk Phillips, CPA, CMA, CFE, CBP; Global Crypto Advisors, Inc. The discussion in this document reflects legal principles as of March 31, 2020. Stablecoin starter Stablecoins are cryptocurrencies designed to maintain price stability, most typically with a peg to an underlying asset. Cryptocurrencies are extremely volatile and have a weak unit of account value. … Continue reading How Stable are Stablecoins and What Factors Affect Volatility?