From: Intelligent design: stablecoins (in)stability and collateral during market turbulence
Mean | Variance | T-statistic | |
---|---|---|---|
Pre-collapse BEKK covariance UST_BTC | 0.0013 | 0.0003 | 24.64*** |
Collapse BEKK covariance UST_BTC | − 0.0084 | 0.0042 | |
Pre-collapse BEKK covariance UST_BUSD | − 0.0009 | 0.0004 | − 24.71*** |
Collapse BEKK covariance UST_BUSD | 0.0087 | 0.0040 | |
Pre-collapse BEKK covariance UST_DAI | 0.0052 | 0.0003 | − 23.96*** |
Collapse BEKK covariance UST_DAI | 0.0141 | 0.0037 | |
Pre-collapse BEKK covariance UST_LUNA | − 0.0038 | 0.0001 | − 44.15*** |
Collapse BEKK covariance UST_LUNA | 0.0091 | 0.0023 | |
Pre-collapse BEKK covariance UST_USDT | 0.0009 | 0.0004 | − 14.78*** |
Collapse BEKK covariance UST_USDT | 0.0072 | 0.0048 | |
Pre-collapse BKK covariance UST_USDC | − 0.0004 | 0.0004 | − 3.84*** |
Collapse BEKK covariance UST_USDC | 0.0011 | 0.0041 |