The Buck Still Stops With Tether
Tether’s USDT stablecoin has, for the most part, continued to maintain its $1 value in a rather impressive demonstration of stability.
Photographer: JustinTallis/AFP
In this issue of the Bloomberg Crypto newsletter, Michael P. Regan remarks on the remarkable stability of Tether’s stablecoin:
If you had “Doomsday for Tether” on your crypto-apocalypse Bingo card, you were probably feeling pretty good about that for a long time.