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Tether’s USDT Stablecoin Loses Peg Amid UST Disaster

Tether's USDT Stablecoin Depegs from US Dollar on

USDT-dollar peg wobbles as markets continue to

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

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

Tether CTO Speaks as USDT Stablecoin Faces Depeg

Tether

Tether Loses Dollar Peg Amid Ongoing Stablecoin Crisis

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 (USDT) Loses Peg As Mayhem in Stablecoin Continues