Yea I am also interested in knowing why USDT lost its peg from withdrawing money. At least it doesn't really make sense to me because it should have enough dollars on hand to do that trade.
Posted Using LeoFinance Beta
Yea I am also interested in knowing why USDT lost its peg from withdrawing money. At least it doesn't really make sense to me because it should have enough dollars on hand to do that trade.
Posted Using LeoFinance Beta
The $3 billion usdt withdraw drag down the value. It could happen to any stable coin if the withdraws are swift and aggressive. Ust de-peg had partly to do to the massive withdrawals.