Tether (USDT): Is It Safe Amid the Stablecoin Fiasco?

The recent stablecoin fiasco led by Terra’s stablecoin, UST, and Tron’s stablecoin, USDD, has shaken up the crypto world, raising concerns among the crypto community about the “stability” of stablecoins. However, amid the turmoil in the stablecoin market, Tether (USDT), the world’s largest stablecoin, is still holding up strongly. Let’s take a deep dive into Tether (USDT)!

The recent stablecoin fiasco led by Terra’s stablecoin, UST, and Tron’s stablecoin, USDD, has shaken up the crypto world, raising concerns among the crypto community about the “stability” of stablecoins. However, amid the turmoil in the stablecoin market, Tether (USDT), the world’s largest stablecoin, is still holding up strongly. Let’s take a deep dive into Tether (USDT)!