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As #cryptocurrencies Get Hammered in the Economic Meltdown, Stablecoins -- Whose Value is ... - Latest Tweet by IANS India
The latest Tweet by IANS India states, 'As #cryptocurrencies get hammered in the economic meltdown, stablecoins -- whose value is pegged to another asset like a fiat currency or a commodity -- are also bad investments & are ill-suited as a form of money, Siddharth Tiwari, the Asia-Pacific head of the @BIS_org has said.'
As #cryptocurrencies get hammered in the economic meltdown, stablecoins -- whose value is pegged to another asset like a fiat currency or a commodity -- are also bad investments & are ill-suited as a form of money, Siddharth Tiwari, the Asia-Pacific head of the @BIS_org has said. pic.twitter.com/0VIwh9D72Z— IANS (@ians_india) June 27, 2022
(The above story first appeared on LatestLY on Jun 27, 2022 05:14 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).