##Tether Doesn’t Inflate Bitcoin Price, New Research Says – Cryptocurrency Trading

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Stablecoins issuance is not artificially inflating the prices in the cryptocurrency market, despite some controversial beliefs, suggested new research on the matter.

At the same time, the paper acknowledged their vital role in the digital asset field and predicted that it’s only prone to grow in time.

By evaluating this “more precise measure of Tether inflow to the secondary market,” the total supply, and the shock effects on Bitcoin’s price, the authors found “no systematic evidence that stablecoins issuance affects cryptocurrency prices.”

Safe-Haven Role

By referring to the events in mid-March when the cryptocurrency market plunged by up to 50% in 24 hours, the research said that “stablecoins consistently perform a safe-haven role in the digital economy.” As they are especially attractive to traders in times of intense volatility, the market capitalization of most stabl

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