Tether Collapse Could Bring Bitcoin Black Friday (Cryptocurrency:USDT-USD)
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Tether Finds Stable Dollar Peg After Terra's Collapse
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As the rubble clears from Terra's collapse, other parts of the crypto industry remain shaken. At least $10 billion was removed from Tether's market cap, the largest stablecoin in the world. "Human beings have been trading volatile assets for hundreds of years," says Alexandre Lores, an analyst at Quantum Economics. "But as markets are down and investors are more focused on hunkering down and preserving their assets," USDT's lack of reserve transparency remains an issue. Watch more: https://www.c
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Tether Market Cap Drops by $10B Since UST Collapse, Concerns Over Terra Backer Celsius | CoinDesk Videos
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