Both in Banking & Credit

StablecoinX vs Meridian

Over the past year USDE returned +24.5% and MRBK returned −3.8%; their daily moves had a correlation of -0.16.

USDE +24.5% MRBK −3.8%Growth of $1, one year, split-adjusted
MetricUSDEMRBK
Price$9.04$18.87
Market cap$217.2M$225.1M
Today−11.20%+0.80%
1 month−41.0%−0.4%
6 months—+2.7%
Year to date—+7.3%
1 year—+25.6%
Revenue growth (YoY)—−3.5%
Gross margin—64.5%
Net margin—11.5%
P/E (TTM)—10.4×
Price / sales—1.1×
Net cash—$229.1M
Dividend yield—2.97%
Volatility (60d)—14.4%
Short % of float11.8%2.4%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).