Ripple Effects of UST Stablecoin Collapse

Name: Ripple Effects of UST Stablecoin Collapse
Uploaded: 2022-05-12T20:19:59Z
Duration: 1 min 71 s
Description: Stablecoin drama continues to ripple across the crypto markets. The tether (USDT) stablecoin, the world’s largest stablecoin by market cap, dipped as low as 96 cents Thursday before bouncing back. Terra’s UST stablecoin also tumbled to levels as low as 28 cents. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

May 12, 2022

Stablecoin drama continues to ripple across the crypto markets.

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Stablecoin drama continues to ripple across the crypto markets. The tether (USDT) stablecoin, the world’s largest stablecoin by market cap, dipped as low as 96 cents Thursday before bouncing back. Terra’s UST stablecoin also tumbled to levels as low as 28 cents. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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