Tether depeg which means that USDT is not stable. It does not hold constant parity to the US dollar as they claim. The CTO claims that this Tether depeg was temporaility unstable

Tether depeg from the US dollar to lose parity

(Last Updated On: May 13, 2022)

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Tether depeg which means that USDT is not stable. It does not hold constant parity to the US dollar as they claim. The CTO claims that this Tether depeg was temporaility unstable. Remember large exchanges like Binance use Tether in their derivatives market. This loss could be a huge meltdown for the crypto industry.

 

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Tether dollar peg lost and found

Tether CTO Says, USDT-Dollar Remains Strong Amid Stablecoin Crises

Markets still look shaky as USDT/Tether still wobbles:

https://www.altcoinbuzz.io/cryptocurrency-news/is-evergrandes-fall-influencing-the-depeg-issue-for-tether/

Tether USDT wobbles, triggering market anxiety

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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