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Stability Disrupted in Popular Altcoin’s Stablecoin: Exploring the Causes Behind Tether’s (USDT) Volatility Coinotag 1 month ago

Stability Disrupted in Popular Altcoin’s Stablecoin: Exploring the Causes Behind Tether’s (USDT) Volatility

Synthetix's decentralized stablecoin, sUSD, faced a depegging from its $1 parity, dropping to $0.92 and then recovering to $0.96 due to a large liquidity withdrawal from the Curve sBTC/wBTC pool.

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