Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads

Name: Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads
Uploaded: 2022-06-16T17:45:40Z
Duration: 5 min 310 s
Description: Investors pulled out about roughly $1.6 billion this week from Tether’s dollar-pegged USDT stablecoin, according to price tracker CoinGecko. “The Hash” group discusses the outlook for the stablecoin market after the Terra’s UST meltdown.

Jun 16, 2022

Investors pulled out about roughly $1.6 billion this week from Tether’s dollar-pegged USDT stablecoin, according to price tracker CoinGecko.

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Investors pulled out about roughly $1.6 billion this week from Tether’s dollar-pegged USDT stablecoin, according to price tracker CoinGecko. “The Hash” group discusses the outlook for the stablecoin market after the Terra’s UST meltdown.

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