Tether (USDT) Depegs Amid Curve 3pool Imbalance, “Let Them Come,” CTO Says

On:

At press time, USDT’s depeg had recovered back to $0.9975. USDT’s market cap was above $83 billion on Thursday, by far the largest stablecoin market cap in crypto per CMC data.

Tether’s CTO – Let Them Come 

Following the news, Tether CTO Paolo Ardoino tweeted that the digital payment giant is ready to redeem any amount amid concerns about the stablecoin’s market health. 

Markets are edgy in these days, so it’s easy for attackers to capitalize on this general sentiment. But at Tether we’re ready as always. Let them come. We’re ready to redeem any amount.

Source: Read Full Article

Lates News:
  1. Hong Kong securities regulator issues in-principle approval to HKVAX
  2. Mt. Gox Victims Will Get Their Money Back This Year
  3. Bitcoin leads crypto market recovery as regulators turn up heat: Report
  4. XRP Lawsuit: Defense Lawyer Believes Judge in Ripple Case Will Soon Deliver "One Big Written Ruling"
  5. When Will Bitcoin Rocket To The Moon? Price Analysis