Does Stat Arb (Pairs Trading) Work in Crypto?

Does Stat Arb (Pairs Trading) Work in Crypto?

Mechanics of Crypto Pairs Trading At its core, pairs trading constructs a relative‐value position by longing one asset and shorting another when their price relationship deviates from historical norms. In cryptocurrencies, the typical workflow comprises:...
Does Stat Arb (Pairs Trading) Work in Crypto?

The Stablecoin Arms Race

A $220 Billion+ Battlefield As of mid-2025, the stablecoin universe is valued at over $220 billion, anchored by three heavyweights: Tether (USDT): $155.49 billion market cap USD Coin (USDC): $61.06 billion market cap Dai (DAI): $5.37 billion market cap On-chain...
Does Stat Arb (Pairs Trading) Work in Crypto?

The Central Bank Digital Currency Race

Global Landscape A recent Bank for International Settlements (BIS) survey found that 94 percent of central banks are researching CBDCs, and roughly one in four have moved beyond proof-of-concept into live testing or pilot phases. The International Monetary Fund...