BEWARE OF STABLE COINS
According to the data, USDT is facing a stable peg issue. While deviations from the fixed price are not significant, persistent discounting is a cause for concern and, if continued, can significantly undermine confidence.
By contrast, two very different stablecoins, DAI and BUSD, have remained highly stable since April.
TUSD, on the other hand, benefited from the fact that its liquidity was concentrated in one direction rather than being fragmented across exchanges, which contributed to its stability.
