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TNW: Research: Investor psychology is the only thing keeping the price of stablecoins stable

Research: Investor psychology is the only thing keeping the price of stablecoins stable
TNW

It seems that there is no cutting-edge technology or financial principle keeping the price of stablecoins stable. It is simply the psychology of investors. BitMEX Research studied two of the most popular distributed stablecoins — BitShares-based BitUSD and MarketDAO-based Dai — to examine the mechanism these two cryptocurrencies relied on to keep their price stable. The… Read the full story

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