CoinGape
2022-05-12 09:45:02

Tether Makes $1 Bln Swap To Support The USDT Peg, Here’s How

Tether announced on Thursday it will coordinate with a third party to perform a chain swap for raising more than 1 billion USDT while keeping the total supply the same. Tether plans to use Tron TRC20 for the swap. The decision came as the USDT plunged to 0.95, destabilizing its Dollar peg. Just after Tether, The post Tether Makes $1 Bln Swap To Support The USDT Peg, Here’s How appeared first on CoinGape.

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