The LUNA and UST Crash Explained in 5 Charts - CoinDesk
WEBMay 11, 2022 · The Terra money machine collapsed almost entirely Wednesday. The UST stablecoin remains deep in the sub-dollar doldrums for the third day running, and LUNA, its sister token, has fallen almost 97%...
Crypto Crash: What Investors Need to Know
WEBJul 22, 2022 · The weak sentiment spread across the crypto market resulted in investors withdrawing their money, causing Tether (USDT) to lose its peg to the dollar. The week not only taught investors to invest...
What would happen if USDT crashed, and how could we benefit?
WEBI am extremely worried about USDT lately. The news haven't been any good and if it crashes a huge portion of the market will crash too since it's the most popular pair for trading. I'm sure the exchanges would quickly use other stablecoins for pairing if USDT in fact crashes, but it still will be a huge hit.
The Fall of Terra: A Timeline of the Meteoric Rise and Crash ... - CoinDesk
WEBJun 1, 2022 · The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA. A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion...
Tether Untethered: World’s Biggest Stablecoin Loses $1 Peg ... - Forbes
WEBMay 12, 2022 · Tether's USDT—a stablecoin that is supposed to be tied to the U.S. dollar one-for-one—fell as low as 94 cents early on Thursday, according to Coinbase.
Tether's Collapse Would Be Chaotic, Not Cataclysmic
WEBJul 26, 2021 · Tether tokens (USDT) are now purportedly backed by a mix of assets, but critics remain worried by the opaque nature and quality of that backing. Despite vindication in the NYAG case, “Tether...
Tether's USDT Stablecoin Depegs from US Dollar on Exchanges …
WEBDec 18, 2023 · Tether’s USDT, the largest stablecoin by market capitalization, depegged from its intended $1 price amid growing scrutiny over the company’s December 15 announcement of a wallet-freezing policy in collaboration with law enforcement agencies including the DOJ, FBI, and Secret Service.
Terra Luna Crash: a Guide to the Stablecoins UST, Tether, and USDC
WEBMay 11, 2022 · Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies. Tether, USD Coin, and Dai are the three largest...
Tether's USDT Loses Dollar Peg Again After Celsius Freezes …
WEBJun 14, 2022 · Tether's USDT stablecoin has dropped below $1 again after Celsius froze its customers' accounts. USDT also lost its dollar peg in May after Terra's algorithmic stablecoin crashed to zero.
Tether’s USDT Stablecoin Tops Record Market Value Reached in …
WEBJun 1, 2023 · Tether Holdings Ltd.’s stablecoin has recovered all of the roughly $20 billion in market value it lost following the collapse of algorithmic rival TerraUSD a little over a year ago.
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