March 1, 2019, 10:06AM EST
• 4 min read
Just how stable are stablecoins?
- 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