World's biggest stablecoin regains dollar peg after $3 billion in withdrawals - CNBC


5/13/2022 12:00:00 AM2 years 11 months ago
by Ryan Browne

The collapse of another so-called stablecoin called terraUSD had shaken crypto investors' confidence in tether.

Tether has long faced questions over whether it has enough assets to justify its peg to the dollar. Tether, the world's largest stablecoin, regained its peg to the dollar after more than $3 billion … [+3213 chars]

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