Peg of Stable Coins

Nov 16, 2022

Stablecoins are cryptocurrencies whose value is pegged, or tied, to that of another currency, commodity, or financial instrument.
Stablecoins aim to provide an alternative to the high volatility of the most popular cryptocurrencies, including Bitcoin (BTC), which has made crypto investments less suitable for common transactions.
(Investopedia)

This graph shows the pegged value of the main stable coins.
Ideally, the value should be 1:1.

In this crash scenario, I will stay alert on these values.

Nov 16, 2022

Note

Stable Coins: Amount of Assets Held by Whales

Nov 16, 2022

Note

Missing HUSD, Huobi's stable coin that lost Peg...