Stability Disrupted in Popular Altcoin’s Stablecoin: Exploring the Causes Behind Tether’s (USDT) Volatility

Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! Synthetix’s decentralized stablecoin, sUSD, recently experienced a depegging event, falling to $0.92 before partially recovering to $0.96. The sudden depeg was triggered by a significant liquidity withdrawal from the Curve exchange’s sBTC/wBTC liquidity pool. Chaos Labs, a risk manager at the […] Read more at COINOTAG.