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First Terra

Tether’s USDT Briefly Loses Peg Amid UST Disaster But Recovers

Tether CTO Speaks as USDT Stablecoin Faces Depeg

First Terra’s UST lost its peg, and now Tether’s USDT is suffering the consequences, being the next stablecoin to come under attack. Key Takeaways. Tether’s

Tether (USDT) Loses Peg As Mayhem in Stablecoin Continues

Tether's USDT Stablecoin Depegs from US Dollar on

Tether’s USDT Stablecoin Loses Peg Amid UST Disaster

Tether

Tether (USDT) lost its dollar parity on Thursday as UST’s debacle sent shockwaves across the stablecoin market amid serious sell pressure in the wider industry.

Tether (USDT), the world’s largest stablecoin, briefly dropped 5% on Thursday, falling as low as $0.95. The stablecoin has recovered some but is still trading at

USDT-dollar peg wobbles as markets continue to

Tether Loses Dollar Peg Amid Ongoing Stablecoin Crisis