Tether’s USDT Affected by ‘Panic Buying’ of Chinese Stocks: Report
October 08 2024 - 3:00PM
The Daily Hodl
USDT, the stablecoin issued by Tether, is reportedly
experiencing the impacts of Chinese investors suddenly returning to
their nation’s stock market. According to a new report by
Bloomberg, USDT has at times traded below the value of the US
dollar since the end of September. Stablecoins are usually pegged
to the dollar or other assets […]
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Tether’s USDT Affected by ‘Panic Buying’ of Chinese Stocks:
Report appeared first on The Daily Hodl.
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Buying’ of Chinese Stocks: Report
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Tether’s USDT Affected by ‘Panic Buying’ of Chinese
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