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RE: Daily Crypto Markets Live Blog: Are Stablecoins In Trouble? (05/23/22)

in LeoFinance3 years ago

While market cap is a big issue, I still think whether or not it can hold the peg is the biggest thing to pay attention to. As of right now, Tether is still cashing out dollars so they do have enough reserves to pay people. Of course, in the case, it can't pay or the peg breaks for an extended period of time, then the entire crypto market will be in trouble.

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