Ripple USD, issued by Ripple, claims to be worth one dollar. Across 3 exchanges it trades at $1.0001 — +0.5 bp, with the exchanges disagreeing by ±1.3 bp.
The deviation is smaller than the exchanges' own disagreement, or under the noise floor. That is spread, not a depeg, and it is withheld from the wire.
| Exchange | Quote | From consensus | Status |
|---|---|---|---|
| Bitstamp | 1.00005 | +0.0 bp | agrees |
| Gemini | 1.00020 | +1.5 bp | agrees |
| Kraken | 0.99995 | −1.0 bp | agrees |
set aside: further than 0.35% from the provisional median — quoting a different market, and named rather than dropped
each coin at its consensus price · the grey band is how far its exchanges disagreedvermilion: outside its own band and above the noise floor — printed on the wirequotes set aside are shown off the ends, at their true distance in the label
every dollar coin in the ledger, this sweep