Plausibly Exogenous [649] - Tether (10/28/2021)
LHS Variable
Size of peg deviations
RHS Variable
Access to arbitrage trades
Source of Exogenous Variation
Migration of Tether from the Omni to the Ethereum blockchain in 2019
- Lyons and Viswanath-Natraj (2021), “What Keeps Stablecoins Stable?”