Tag: Carry Trades
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Cash and Carry Strategy Dropout May Lead to Reduced Stablecoin Demand
​Formal demand for stablecoins may decrease because the yield on ‘carry trades’ has halved since this Monday. The annualized rolling one-month futures basis went as high as 28 percent at the beginning of the week on the Malta-based crypto exchange OKEx, the largest one when it comes to open interest. That was the greatest premium…