Tether’s USDT market valuation has decreased by nearly $9 billion after Terra’s UST meltdown. The market saw a dramatic sell-off last week as a result of the collapse of Terra’s UST stablecoin, with USDT trading as low as $0.95.
Tether’s “implosion” was approaching, according to the crypto analyst known for his opposing viewpoints. This is perhaps not surprising coming from an expert who has already criticized Tether’s ethics. What was more concerning was a graph depicting Tether’s declining market cap.
Ar šis rašymas buvo naudingas?
Source: https://coinpedia.org/news/implosion-of-tether-is-closer-than-ever/