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Coin Edition 2023-06-20 15:55:00

Data Platform Reveals Intriguing Insights into Tether’s Recent Destabilization

Kaiko, a cryptocurrency data provider, has uncovered insights into the recent volatility surrounding Tether (USDT), the world’s largest stablecoin. The company’s analysis suggests that the destabilization of USDT’s peg to the US dollar may have been triggered by manipulation preceding a significant document release, which shed light on the firm’s banking relationships and commercial paper The post Data Platform Reveals Intriguing Insights into Tether’s Recent Destabilization appeared first on Coin Edition .

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