After studying 334 currency pegs since the year 1800, Deutsche Bank Research analysts found that only 14% have survived. Applying what they learned to the world of stablecoins, they say most of these pegged digital currencies are doomed to become unmoored. “Some may survive, although most will likely fail,” the analysts wrote on the study published Tuesday. Stablecoins, which typically aim to keep a one-to-one value with fiat currencies such as the dollar, serve as a conduit for much of the trading in crypto, providing users a haven from the volatile price swings in the embryonic market. Tether Holding Ltd.’s USDT ... (full story)