$7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis

$7.6bn of ‘stablecoin’ tether redeemed since get started of crypto disaster Figures recommend corporate has paid out greater than general coins available, as terra backers get ready relaunch (*15*)(*16*)(*18*)(*17*)(*19*)(*20*) Virtual buyers have withdrawn financial savings within the “stablecoin” tether value $7.6bn (£6.2bn) because the cryptocurrency disaster started final week, suggesting the corporate has paid out… Continue reading $7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis

Turmoil and panic in crypto market as ‘stablecoin’ slump prompts wider collapse

Turmoil and panic in crypto marketplace as ‘stablecoin’ droop activates wider cave in The near-total crash of terra has fuelled actual panic that the crypto sector might face existential issues (*19*)(*20*)(*17*)(*18*)(*16*) Shockwaves swept via cryptocurrency markets on Thursday as tether, the biggest “stablecoin” and a foundational a part of the virtual asset ecosystem, broke its… Continue reading Turmoil and panic in crypto market as ‘stablecoin’ slump prompts wider collapse