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Is Tether (USDT) Following Terra’s UST In Losing Its Dollar Peg?

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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