The collapse of another so-called stablecoin called terraUSD had shaken crypto investors’ confidence in tether.
Tether USDT wobbles, triggering market anxiety
Tether (USDT) showed slight signs of stress on Wednesday as it slightly dropped below $1 to trade at $0.99 on all major exchanges.
Crypto collapse intensifies as stablecoin Tether slides below dollar peg
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 …
Tether and Luna’s Plunge Could Lead to Global Crypto Regulators: Watchdog
Binance, the cryptocurrency exchange, de-listed the coin in response. Tether, the most popular stablecoin, also came depegged on Thursday. And that’s just two examples from today. Cryptocurrency …
Tether cuts holdings of commercial paper, says majority of exposure in Treasuries -CTO
Tether, the third largest cryptocurrency in terms of market capitalization, said the majority of its reserves are in U.S. Treasuries after having reduced its exposure to commercial paper over the last …
5 times Tether’s dollar reserves have been questioned — and how the stablecoin’s drop to $0.94 could affect the plummeting crypto market
Jim Cramer and Nouriel Roubini are two of Tether’s highest-profile critics. Both have questioned whether its stablecoin is backed by dollar reserves.
Crypto Market Gets Crushed With Tether (USDT) Giving Up Dollar Parity
Market angst over stablecoin pegs to the dollar weighed, with Tether (USDT) the latest to lose its peg. There is no respite for the crypto market as stablecoin woes continue to hit investor sentiment.
A collapse of Tether could be crypto’s ‘Lehman Brothers moment’ as the world’s top stablecoin begins to wobble and major tokens plummet, analyst says
“Some have called this a ‘Lehman Brothers’ moment due to the contagion this may cause, however I am optimistic that UST’s [Terra’s] fall would not be that catastrophic — a collapse of USDT [Tether] …
Tether Untethered: World’s Biggest Stablecoin Loses $1 Peg As Crypto Market Crashes
The price of Tether, the world’s biggest stablecoin and a cornerstone of the cryptocurrency ecosystem, slipped away from its $1 peg on Thursday, intensifying worries amid a market-wide crash and …
Turmoil in crypto market as ‘stablecoin’ tether breaks dollar peg
Fears of contagion among already-falling cryptocurrencies if tether follows terra into collapse …
Tether Sinks Below $1 in Nightmare Scenario for Bitcoin’s Future
And absolutely no one knows when things will bottom out, with many people worried the entire market of fake digital money could go to zero as the stablecoin Tether officially traded below $1 for …
Tether to move over 1B USDT from Tron to Ethereum and Avalanche
Following recent developments in the sphere of stablecoins, Tether (USDT) has announced that it’s coordinating a chain swap to transfer USDT assets from Tron’s TRC-20 to Ethereum and Avalanche …
Tether (USDT) Price Crash News: Another scare? 3rd largest crypto price drops 5% amid Terra debacle
Tether (USDT) Price News today: Amid Terra and UST debacles, the price of third largest crypto, and one of the most used stablecoins worldwide, Tether (USDT) gave another scare to crypto investors on …
Tether, a Stablecoin at the Heart of the Crypto Economy, Loses Its Dollar Peg
Tether, a stablecoin that is designed to maintain a 1:1 relationship to the U.S. dollar, has lost its peg amid volatile trading and a crash in the value of digital assets. Tether, which is the third …
Tether breaks $1 peg as pressure mounts on world’s biggest stablecoin
Tether came under mounting strain on Thursday, pushing the price of one of the most important assets in global crypto markets well below its $1 peg. The $80bn stablecoin, which is …
Stablecoin tether breaks its peg and drops to $0.95 as panic hits crypto markets after collapse of TerraUSD
Tether — which is supposed to be worth $1 — suffered its biggest drop in over a year as it dropped as low as $0.945.
There are 99 problems and Tether ain’t $1
Here’s a quick, simplified explanation of how Tether works. The company guarantees one-for-one redemptions at $1 to “verified customers”, with the caveat that redemption might be delayed “if such …
Tether Loses Dollar Peg Amid Ongoing Stablecoin Crisis
Crypto’s first and largest dollar-pegged stablecoin, Tether (USDT), lost its peg amid mounting redemption pressure.
Tether Price Prediction: Will USDT Survive the UST Meltdown?
What is the outlook of the Tether price prediction? We explain whether USDT will survive the UST meltdown and what next.
USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in
LUNA/UST debacle leads to discrepancies in BTC-stablecoin trading pairs across global cryptocurrency exchanges.
Bitcoin struggles to hold onto $27,000 as Tether comes under pressure
Some were blaming a fresh push lower on the crypto market’s largest stablecoin, Tether USTUSD, -6.96%, also referred to by USDT, which was trading below the buck at as low as 95 cents. A Tether …