Ever since Tether temporarily lost the dollar peg last week, rampant liquidation appears to have happened. Apparently, the crypto crash induced by the depegging of another stablecoin, Terra’s UST has had significant effect on investor sentiment. Massive Tether Liquidation According to CoinGecko data, as much as $7 billion worth of Tether has been liquidated in The post Stablecoin Meltdown: This Token Loses $7 Billion Within A Week appeared first on CoinGape.
