Home Finance Crypto meltdown deepens as stablecoin Tether drops below dollar peg

Crypto meltdown deepens as stablecoin Tether drops below dollar peg

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Crypto meltdown deepens as stablecoin Tether drops below dollar peg

HONG KONG / LONDON (Reuters) -The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves

through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows.

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