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Topic: USDT PRICES IN THE MARKET. - page 2. (Read 197 times)

copper member
Activity: 2030
Merit: 1788
฿itcoin for all, All for ฿itcoin.
August 02, 2022, 06:57:12 PM
#2
Just asking, was it the first time USDT lost its peg to the US Dollar? If no, then what makes you think this is the last time such a thing happened, and we won't see such an issue again in the near future.

USDT's "depegged" or "repegging" has nothing to do with people's trust towards Bitcoin or Ether.
newbie
Activity: 20
Merit: 0
August 02, 2022, 06:36:26 PM
#1
USDT (tether has totally regained his dollar peg after over 2 months of trading below $1 .It lost its peg after LUNA's collapse ,when it came down to $0.97 and it was sold at FIAT or other stablecoins.
So saying saying that USDT has regained its peg , we can see traders trusting the market and it will bring more capital injections into BTC ,ETH and alts ,which are likely reaching new mid term high until the end of the year.
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