UST
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Analysis
Is Tether’s USDT Going to Pull a UST? Most likely Not
Key Takeaways Following Terra’s UST collapse, Tether’s USDT market cap has dropped by over $9 billion. The current redemptions of…
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Analysis
Stablegains Faces Lawsuit After Shedding $44M on UST
Key Takeaways Yield technology app Stablegains is dealing with a lawsuit after shedding $44 million of customers’ funds. Regardless of…
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Analysis
Tether’s USDT Stablecoin Loses Peg Amid UST Catastrophe
Key Takeaways Tether’s USDT has misplaced its peg to the greenback. USDT briefly traded as little as $0.95 earlier than…
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Binance Halts Terra Withdrawals Amid UST Meltdown
Key Takeaways Binance has halted LUNA and UST withdrawals, citing “excessive quantity of pending withdrawal transactions.” UST spiralled as little…
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