News The value of Tether (USDT) stablecoin against the U.S. dollar is seeing significant downward pressure on exchanges and has fallen below its $1 peg price. May 11 saw a 0.8% swing to the downside before closing the day at $0.9958. However, there was a massive 3% downward swing on May 12, with the $0.9663 level providing support as of press time....
May 12 2022
Hold on to your hats, Tether USDT shows signs of de-pegging on exchanges
| published by | Samuel Wan |
|---|---|
| in blog | CryptoSlate |
| original entry | Hold on to your hats, Tether USDT shows signs of de-pegging on exchanges |
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