2023-3-13 14:17 |
Quick Take Over the past few days, stablecoins lost the peg to $1; the main headline was USDC. USDT was trading at a premium all other stablecoins were trading at a discount to the $1 peg. USDT has now returned back to the $1 peg. USDC, BUSD, and GUSD are now roughly back at $1. While DAI is slightly under $1. USDT dominance increases to 58%, a high that was last seen back in mid 2021. Stablecoin Price: (Source: Glassnode) Stablecoin Dominance: (Source: Glassnode)
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