Over suggestion its stable coin could fail, tether slamsDeutsche Bank

Analysts from Deutsche Bank say that the world’s largest stablecoin provider Tether maintains “questionable” solvency status however Tether says the bank’s claims are unfounded.

Deutsche Bank Research analysts say only 14% of currency pegs have survived. They say most of these pegged digital currencies are doomed to become unmoored. Most of the currencies are pegged currencies that are not stablecoins, they say. Deutsche Bank says most of the currency pegging failures are likely to happen in the future.