andre_007

Peg of Stable Coins

andre_007 Updated   
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.
Comment:
Stable Coins: Amount of Assets Held by Whales
Comment:
Missing HUSD, Huobi's stable coin that lost Peg...

To contribute to my work, I accept cryptocurrency donations.
⚡Bitcoin Lightning Network: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵Litecoin: ltc1q4lssqlf6lnmpe4w7npdl5ws2uamm4v5zxwmf5j
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.