Tether, the largest “stablecoin” and a foundational part of the cryptocurrency ecosystem, is at risk of a bank run after breaking its peg to the dollar amid the sector’s worst crash in years.
Old News is re pegged again, but someone had a run on it
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Turmoil in crypto market as ‘stablecoin’ tether breaks dollar pegFears of contagion among already falling cryptocurrencies if tether follows terra into collapse 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 Ugh. Hang tight. HODLing
Source: Guardian news - 🏆 28. / 68 Read more »
Crypto prices collapse with Tether latest ‘stablecoin’ to suffer - follow liveBinance has announced warning measures against the Luna cryptocurrency 🔴 All the latest news ➡️ You know why Stable coins collapsed- it was backed by Bitcoin instead of the USD - What a bunch of boneheads
Source: The Independent - 🏆 80. / 59 Read more »