On the role of stablecoins in cryptoasset pricing dynamics
Abstract We examine the interactions between stablecoins, Bitcoin, and a basket of altcoins to uncover whether stablecoins represent the investors’ demand for trading and investing into cryptoassets or rather play a role as boosting mechanisms during cryptomarkets price rallies. Using a set of instr...
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| Format: | Article |
| Language: | English |
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SpringerOpen
2022-04-01
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| Series: | Financial Innovation |
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| Online Access: | https://doi.org/10.1186/s40854-022-00343-8 |