Tether (USDT), the world’s largest stablecoin, appears to be under extreme liquidation pressure amid the ongoing crypto crash. The token is down 4.8% to 0.9508- its lowest level since the 2017 crypto crash. This drop is highly uncharacteristic, given that the token is required to maintain a 1:1 peg against the U.S. dollar. Investors are
The post Is Tether (USDT) Following Terra’s UST In Losing Its Dollar Peg? appeared first on CoinGape.
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