Tether and how it maintained ‘stability through multiple black swan events’

The market has serious concerns with regards to the so-called “stability” of much-talked-about stablecoins. With the market still trying to find a balance post the Terra debacle, Tether published a report on the company’s financials. Tether, the largest stablecoin by market cap, also lost its peg after dropping to $0.95. This raised fears of another […]