Sudden Price Spiral Warning Issued Over Major Stablecoin As Bitcoin And Ethereum Bounce From Crypto Crash Lows

Tether, the $74 billion stablecoin issued by Tether Holdings Limited, has faced increased scrutiny since the collpase of agorithmic stablecoin terrUSD that partly triggered a $1 trillion bitcoin, ethereum and crypto crash (with more pain thought to be on the way).

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The bitcoin price fell last week to lows not seen since the start of the crypto price surge in late…
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