Notes 6/15: Tether Loses Peg, Bitcoin and Tether Dominance
Algorithmic stablecoin Tether lost its peg briefly amid trader selloffs of USDT at Curve Finance, a liquidity pool that operates in decentralized finance (DeFi) markets, this morning. According to Coinmarketcap, a site owned by Binance – an exchange where Tether records its biggest volumes, the stablecoin was trading as low as $0.9968. While its peg… Read More Notes 6/15: Tether Loses Peg, Bitcoin and Tether Dominance