Tether [USDT]: Whales and what a new 3-year low means for the stablecoin

Tether [USDT]: Whales and what a new 3-year low means for the stablecoin


AMB Crypto
2022-07-08 03:30:42

The current state of the cryptocurrency market can be best described with the help of falling dominoes. First, it was the collapse of the algorithmic stablecoin TerraUSD [UST], sowing turbulence in the broader market. Then its the grown-up cousin Tether [USDT] that wavered from the peg, fueling concerns over its status as a place to […]