Study: the issue of stemcoins does not affect the price of crypto assets.

   According to a study supported by the University of California at Berkeley, the issue of stemcoins does not increase the price of BTC and other crypto assets.

In their report, Richard Lyons, Director of Innovation and Entrepreneurship at the University of California at Berkeley, and Ganesh Viswanath-Natraj, Associate Professor of Finance at the University of California Business School, found that staple guns are investors' tools to respond to market movements and do not represent inflation or price shocks.

Analysis of the trading data shows that investors use steylcoins as a means to preserve value during periods of risk or price decline. Researchers also found that if the price of a steblechouse ceases to correspond to the price of the asset that provides it, arbitrage trading begins.

The issue of whether or not the price of a sticky note affects the price of a cryptographic currency has been under discussion for a long time. In July 2018, John Griffins of the University of Texas at Austin and Amin Shams of the University of Ohio concluded that issues of staples "occur in times of market downturn and provoke a significant rise in the price of bitcoin. In addition, the study argued that during 2017, Tether had a major impact on the price of the bitcoin by issuing USDT.

Four months after the publication of the Griffins and Shams study, the U.S. Department of Justice launched an investigation against Tether and Bitfinex. The DOJ focused on the investigation of the manipulation of the cryptographic market with Tether (USDT).

However, the findings of the Lyons and Vishwanat-Natraya investigations contradict those of Griffins and Shams who claim to have come to the conclusions:

"We have found no systematic evidence of the impact of label issue on cryptographic prices. Rather, our evidence supports alternative views, that is, that stelekoy is a permanent safe haven in the digital economy".

Steelcoins continue to attract regulators' attention. Recently, the Financial Stability Board (FSB), created by the G20 countries, provided general recommendations for regulating steleholders.