- 21 March 2020
- Posted by: admincryptovalues
- Category: Academic World, Cryptovalues News
Basket based stablecoins to mitigate foreign exchange volatility spillovers.
In the paper they present a methodology to empirically build a basket based stable coin (a Librae) whose weights can maximize stability over a long time period.
The proposed stable coin (Librae) appears to be less volatile than single currencies and, therefore, with respect to single currency stable coins (Libra).
Download the paper HERE