How does the USD SOFR OIS compound affect the value of digital currencies?

1 answers

• office spaceFeb 20, 2021 · 5 years ago
  At BYDFi, we understand the importance of the USD SOFR OIS compound in the digital currency market. Changes in the USD SOFR OIS compound can have a ripple effect on the value of digital currencies. When the USD SOFR OIS compound increases, it can signal higher borrowing costs, which may lead to a decrease in demand for digital currencies. Conversely, when the USD SOFR OIS compound decreases, it can indicate lower borrowing costs, potentially increasing the demand for digital currencies and driving up their value. Monitoring the USD SOFR OIS compound is crucial for staying informed about potential shifts in the digital currency market.
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