CoinGape
2022-05-20 14:10:09

This Stablecoin’s Market Cap Skyrockets Amid FUD In Tether, UST

The crypto market crash last week has vastly shaken the crypto industry, with volatility witnessed in stablecoins too. The de-peg of TerraUSD (UST) and a brief decline in Tether (USDT) saw redemptions of more than $30 billion in top stablecoins in a week. Interestingly, the only stablecoin thriving from the volatility is Circle’s USD Coin The post This Stablecoin’s Market Cap Skyrockets Amid FUD In Tether, UST appeared first on CoinGape.

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