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Vauld Insights
2022-05-12 10:30:00

UST Crisis Sets Off A Chain Reaction? Tether Slips Below Dollar Peg

UST Crisis Sets Off A Chain Reaction? Tether Slips Below Dollar Peg

Earlier today, Tether (USDT) fell as much as 6% from its dollar peg. Algorithmic stablecoins like USDN and FRAX also face the danger of de-pegging. Earlier today, Tether (USDT), the largest stablecoin in the crypto market lost its peg to the dollar after it fell as low as $0.94, the lowest price in the last […]The post UST Crisis Sets Off A Chain Reaction? Tether Slips Below Dollar Peg appeared first on Vauld Insights.

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