ELON MUSK NEWS

Last updated: June 16, 2025, 05:08  |  Written by: Anthony Di Iorio

Elon Musk News
Elon Musk News

First Terra

USDT-dollar peg wobbles as markets continue to

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) 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's USDT Stablecoin Depegs from US Dollar on

Tether CTO Speaks as USDT Stablecoin Faces Depeg

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

Tether’s USDT Stablecoin Loses Peg Amid UST Disaster

Tether Loses Dollar Peg Amid Ongoing Stablecoin Crisis

Tether (USDT) Loses Peg As Mayhem in Stablecoin Continues

Tether

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

Anthony Di Iorio can be reached at [email protected].

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