Weekly Industry Report: Will USDT be the next stablecoin that collapses?
Tether’s USDT lost its peg to the US dollar briefly when Terra’s UST imploded. Hedge funds are now shorting BTC…
Tether’s USDT lost its peg to the US dollar briefly when Terra’s UST imploded. Hedge funds are now shorting BTC…

Luna prices fell from US$87 on 7 May 2022 to US$0.0002 at the time of writing. Meanwhile, its widely adopted…

With wide adoption of UST, the market questions on whether UST can sustain its 1:1 peg to USD. A new…