Tether's USDT falls 1% below dollar peg amid market uncertainty

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Tether's USDT has fallen slightly below its dollar peg on Thursday morning amid the ongoing uncertainty in crypto markets.

The crypto industry needs to raise its standards in the wake of the implosion of Sam Bankman-Fried’s cryptocurrency exchange FTX, Kraken's Powell says.

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Nothing on earth stable, USDT stable coin have no exception!

Its over 3% already....

LOL everyone is FUD'ing Alameda is shorting USDT, but have you looked at their wallet size? It's tiny. Also, it now holds $10M USDC. If Tether was going to blow up it was when 3AC blowup had them converting like $10 Billion USDT into USD. Look:

Binance is holding whole supply

stop ffs 🤦

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