The post Tether (USDT) Stablecoin Drops Below $1 peg appeared first on Coinpedia Fintech News
On Thursday, the stablecoin Tether USD (USDT) saw trading below $0.993, down 0.6% from its targeted $1 peg as investors worried about possible contagion effects from the crypto exchange FTX and its associated trading arm Alameda Research. According to data from Kraken, Binance, Coinbase, and OKX, the stablecoin is now trading at the four exchanges …

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