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Eight of the top 10 stablecoins by market cap lost their $1 peg today, with Tether and Binance USD being the only two that held their peg during this turmoil
Some doing worse than others, but 8 of the top 10 stable coins are currently no longer worth $1 USD (I've excluded UST and TRIBE since they depegged a while ago and never managed to repeg).
Below are the current prices of the top 10 stablecoins excluding Tether and Binance USD:
**USD Coin (USDC):** $0.91 (-9% in the last 24 hrs)
**DAI:** $0.9329 (-6.71%)
**True USD (TUSD):** $0.9935 (-0.55%)
**Pax Dollar (USDP):** $0.9842 (-1.22%)
**USDD:** $0.9559 (-4.17%)
**Gemini Dollar (GUSD):** 0.9676 (-2.66%)
**Fei USD (FEI):** 0.9232 (-7%)
**FRAX:** 0.9154 (-8.38%)
Source https://coinmarketcap.com/view/stablecoin/
USDT and BUSD are the only two currently sitting at or above $1 USD.
Some doing worse than others, but 8 of the top 10 stable coins are currently no longer worth $1 USD (I've excluded UST and TRIBE since they depegged a while ago and never managed to repeg).
Below are the current prices of the top 10 stablecoins excluding Tether and Binance USD:
**USD Coin (USDC):** $0.91 (-9% in the last 24 hrs)
**DAI:** $0.9329 (-6.71%)
**True USD (TUSD):** $0.9935 (-0.55%)
**Pax Dollar (USDP):** $0.9842 (-1.22%)
**USDD:** $0.9559 (-4.17%)
**Gemini Dollar (GUSD):** 0.9676 (-2.66%)
**Fei USD (FEI):** 0.9232 (-7%)
**FRAX:** 0.9154 (-8.38%)
Source https://coinmarketcap.com/view/stablecoin/
USDT and BUSD are the only two currently sitting at or above $1 USD.
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