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    HomeCrypto Finance

    Stablecoin de-pegging plagued USDC and DAI greater than others: Analysts

    Crypto Finance
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    Greenback-pegged stablecoins usually are not proof against dropping their pegs, however some similar to Circle’s (USDC) and MakerDAO’s Dai (DAI), have been extra susceptible to depegging than others, in response to analysts at S&P International.

    A September analysis paper from Dr. Cristina Polizu, Anoop Garg and Miguel de la Mata, delved into stablecoin valuation and depegging for 5 main stablecoins: (USDT), Binance USD (BUSD), Paxos (USDP), USDC and DAI.

    Stablecoin de-pegging by time. Supply: S&P International
    Frequency of stablecoin de-pegging. Supply: S&P International

    Proceed Studying on Coin Telegraph

    See also  International guidelines wanted to spur blockchain buying and selling of property, report says
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