Can stablecoins bring calm to the crypto markets?

Traditional financial markets are heavily influenced by macroeconomic factors that stem primarily from global governments and large corporations. Here, the Forex Market determines the worth of established currencies by taking into consideration the varying factors involved in the buying and exchanging them.  

Situated a world away stands the crypto financial market – which is built on the foundations of decentralisation and non-governmental control. Where traditional finance leaves governments free to call on fiscal and monetary tools as a means of keeping their respective national currencies stable, the world of cryptocurrencies has no such influencers. 

Because of these central influences, the traditional finance market is far more susceptible to the actions of external forces, and their attempts to stabilise world currencies. One pertinent example of this comes in the form of quantitative easing, which is the act of deliberately flooding an economy…