Turmoil in crypto market as ‘stablecoin’ tether breaks dollar peg
Turmoil in crypto market as ‘stablecoin’ tether breaks dollar peg
Fears of contagion among already-falling cryptocurrencies if tether follows terra into collapseTether, the largest “stablecoin” and a foundational part of the cryptocurrency ecosystem, is at risk of a bank run after breaking its peg to the dollar amid the sec…