have felt pressure today seeing much smaller percentage losses, the two largest stablecoins by market cap have held their pegs. Tether slipped down to $0.995691 per unit on Monday while usd coin dipped to $0.994630 per unit.
Binance usd is exchanging hands for $0.996616 and DAI has been trading for $0.995420. Most USD pegged stablecoins besides UST remained trading for at least $0.975328 to $0.99 per token. Meanwhile, toward the end of writing this article at 4:00 p.m. , UST has been trying to regain the $1 parity but has yet to accomplish the goal. At press time at 4:30 p.m., the stablecoin
And all this while tether's being bombarded with constant fud
let's go to the moon
Love trading
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