Tether USDT stability tested amid crypto market shakeup

Tether’s USDT stablecoin value wobbled from its $1 peg amid the market carnage that wiped nearly $100 billion from the crypto market on Aug. 17. Typically, cryptocurrency traders resort to stablecoins as a hedge against the inherent market volatility within the industry. These assets are designed to consistently maintain their pegged value, irrespective of prevailing … Continue reading Tether USDT stability tested amid crypto market shakeup