Tether Lost Its Dollar Peg Amid Ongoing Stablecoin Situation
Tether lost its dollar peg amid the ongoing stablecoin crisis and the de-pegging of the UST stablecoin so let's read more today in our latest Tether news today. The first and biggest dollar-pegged stablecoin lost its peg amid the stablecoin crisis.
Timeline of Tether
Here Is How Tether Plans To Support USDT Peg! - CoinPedia
Today, on the 12th of May Tether stated that the firm is planning to coordinate with a third party in order to perform a chain swap so that it can raise more than $ 1 billion USDT while maintaining total supply. For every swap, Tether plans to use Tron TRC20r. The move came when the …
Crypto collapse intensifies as stablecoin Tether slides below dollar peg - Reuters
The meltdown in TerraUSD, one of the world's largest stablecoins, rippled through cryptocurrency markets on Thursday, pushing another major stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows.
Is Tether next in line for an attack? - Crypto Daily
Following on from the attack on the UST stablecoin algorithmic dollar peg, and its more or less total destruction, could forces be brought to bear on the Tether USDT dollar peg? Back in the early 2000s, one of the most infamous collapses occurred on Wall Street.
Tether's Ardoino Backs USDT While Stablecoins Depegging Continues! What Next? - CoinPedia
The year 2022 isnt been very favorable for the cryptocurrency market, especially the month of April and May. Now in just a few days, the cryptocurrency market has suffered more losses following Terra blockchain's stablecoin TerraUSD (UST) depegging event which has caused conflict between Bitcoin and stablecoins. As USDT/USD lost its peg against the dollar …
Tether CTO Says, USDT-Dollar Remains Strong Amid Stablecoin Crises - NewsBTC
The LUNA/UST affair has caused discrepancies in the BTC-stablecoin trading pairs on different global cryptocurrency exchanges. Cryptocurrencies are still feeling the effects of the TerraUSD disaster, with markets continuing to suffer significant losses.
Update: Tether Says it Will Honor ALL Redemptions at USD $1 for Verified Customers - CrowdFundInsider
Tether, issuer of the dollar-based stablecoin USDT, has announced that it will honor all redemptions at USD $1 for all verified customers. The commitment by Tether arrives at a time of unprecedented volatility in crypto markets.
As TerraUSD [UST] careens out of control, is Tether [USDT] headed the same way - AMBCrypto
When the market crashes, investors usually watch Bitcoin with frantic eyes – but everything is different this time. A Terra-fying saga is in progress, which saw Terra [LUNA] lose more than 95% of its value in a day to trade at $0.1194 at press time.
Largest stablecoin Tether (USDT) briefly depegs as market plummets - Cryptopolitan
The world's largest stablecoin lost its peg briefly on Thursday amid extremely volatile conditions in the cryptocurrency market. USDT momentarily depegged to $0.95 but has recovered to $0.9921 during the time of writing.
You can redeem Tether USDT 1:1 on tether.to but there's a catch - CryptoSlate
The crypto market is in turmoil, and many are looking to cash out of their stablecoins amid unprecedented volatility. The post You can redeem Tether USDT 1:1 on tether.to but there's a catch appeared first on CryptoSlate.
Here Is The Possible Reason For USDT's Depegging! - CoinPedia
While the crypto market is struck between Terra, and the UST crash, Tether, the third-largest cryptocurrency and one of the most liable stablecoin globally, has raised fear among the investors due to its price drop by 5%. The global cryptocurrency market is under extreme consolidation for a week now, with total market capitalization dropping to …
