Deutsche Says Only 14% of Stablecoins Survive

Krutika Adani

A report by Deutsche bank has revealed that only 14% of all launched stablecoin projects survive in the market.

The report is based on a survey of 334 stablecoins and pegged currencies.

The survey said most stablecoins last for only 8-10 years.

Issues around governance and speculative forces often lead to de-pegging.

Tether has criticized the survey saying the report failed to present concrete data.