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> Any de-peg for a stablecoin like Tether is a bad sign. Except there have been equivalent (or worse) dips for tether in 2016, 2017, 2018, 2019 and 2020 and th
by imron 4y ago
> Any de-peg for a stablecoin like Tether is a bad sign.
Except there have been equivalent (or worse) dips for tether in 2016, 2017, 2018, 2019 and 2020 and they weren’t the harbinger of doom for tether either.
I’m not saying that tether won’t fail, just that its recent fluctuations and ‘de-peg’ is not the same as terra (tether is basically back to normal now, terra far from it).