Stablecoin Agregator
Binance and Bybit offer data feed with USDT as quote asset. Chainlink offer their data with USD as quote asset. In order to be able to compare the prices of any ticker we need to aggregate the stablecoins price in the exchanges to find out the USDTUSD price.
To do that we will use DAI and USDC prices:
If for any reason the DAI or USDC deppegs 4 cents from USD, then they are not going to be taken into the formula. Here we can see both cases:
On the other hand, if USDT deppegs from USD we will have the following curve:
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