USDT

Analyzing how USDT fared during its most turbulent week in a while

On a week-to-date basis, USDT’s market valuation recorded a paltry drop of 0.004. Curve’s 3Pool remained imbalanced at the time of writing. Tether [USDT] endured substantial negative commentary over the past week with the depegging incident acting as the primary source of FUD. The week started on a sour note for the popular stablecoin as …

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USDTUnraveling the link between Justin Sun, Huobi & USDT

Claims come to the surface that Huobi may be insolvent due to Justin Sun’s behavior. USDT gets stuck in the crossfire, Huobi representative denies claims. Despite the massive volatility in the DeFi sector over the past few weeks, the stablecoin sector has been relatively resilient. USDT, tether’s largest issued stablecoin, was one of the top …

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Has USDT managed to restore investor confidence? Data suggests…

USDT’s market cap reached a new ATH, leaving TUSD and USDC behind. Holders confirmed preference by holding USDT, but a new stablecoin is in town. Amid regulatory scrutiny and uncertainty surrounding stablecoins, Tether [USDT] has recently achieved a new milestone as its market cap reached an All-Time High (ATH). According to IntoTheBlock, USDT’s market cap …

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