Stablecoin de-pegging plagued USDC and DAI more than others: Analysts By Cointelegraph

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Dollar-pegged stablecoins are not immune to dropping their pegs, but some such as Circle’s (USDC) and MakerDAO’s Dai (DAI), have been more prone to depegging than others, according to analysts at S&P Global.

A September research paper from Dr. Cristina Polizu, Anoop Garg and Miguel de la Mata, delved into stablecoin valuation and depegging for five leading stablecoins: (USDT), Binance USD (BUSD), Paxos (USDP), USDC and DAI.

Stablecoin de-pegging by time. Source: S&P Global
Frequency of stablecoin de-pegging. Source: S&P Global