Stellar Expert analyzed price volatility of six USD-pegged stablecoins on Stellar using standard deviation and Yang-Zhang metrics. AnchorUSD and Token.io track closest to $1 with 1-2% volatility, while WhiteStandard and BitboxOne show 12-17% swings. Defunct Stronghold exhibits extreme 118% volatility.
Stellar Expert conducted a detailed volatility analysis of the major USD-pegged stablecoins traded on Stellar, deriving prices from Stellar DEX market data and historical XLM/USD rates. Using two volatility measures: standard deviation and Yang-Zhang volatility. The study assessed price stability across six issuers. Results show significant variation: AnchorUSD and Token.io USD track closest to parity with 1-3% volatility, while WhiteStandard and BitboxOne experience 12-17% swings. Stronghold, now defunct, displayed extreme 118% volatility. The analysis provides a useful reference for evaluating stablecoin reliability and stability on the Stellar network.
