USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull run following the announcement of […]
Source: https://news.bitcoin.com/usdt-faces-downward-pressure-as-investors-pivot-to-stocks-in-china/
USDT Faces Downward Pressure as Investors Pivot to Stocks in China
