LIBRA OR LIBRAE?
- 21 March 2020
- Posted by: Curatore
- 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