According to a new report from Moody's Analytics, so far this year, stablecoins with a market value of more than $10 billion have been depegged 609 times. In contrast, there were 707 depeggings in 2022. The report stated that a fluctuation of more than 3% in the exchange rate between large-cap stablecoins and fiat currencies in one day was counted as depegging. The report stated: "The large number of depegging provides a backdrop for the overall volatility of the industry. The interest rate hike in 2022 triggered a high-profile depegging, and this trend reappeared in March 2023." However, Moody's data shows that depegging is very common in stablecoins and is affected by a range of macro and currency-specific factors.

#稳定币