The head of a key US banking regulatory agency says Tether (USDT), a stablecoin designed to be pegged to the US dollar, may not be a safe place for crypto investors to park their capital. Earlier this month, Terra (LUNA), now named Terra Classic, fell to essentially zero as Terra’s UST stablecoin lost its peg […]The post Top US Banking Regulator Says Tether (USDT) May Have Similar Vulnerability to TerraUSD (UST) Without Regulation appeared first on The Daily Hodl.
