March 1, 2019, 10:06AM EST
• 4 min read

Just how stable are stablecoins?

Quick Take

  • While theoretically all USD stablecoins are designed to be valued at $1, in reality, they deviate quite often
  • The Block has analyzed stablecoins’ stability in terms of two metrics – daily deviation and daily fluctuation
  • Despite the company’s opaque nature, Tether deviates the least and fluctuates the second-least amongst its stablecoin competitors

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