Kaiko researcher Riyad Carey revealed an intricate USDT depegging pattern in August. USDT experienced a severe 98% depeg on August 7, when the stablecoin traded at a 2% discount. Low liquidity and high redemption fees are the major factors that led to the USDT depegging. A recent analysis presented by a Kaiko researcher Riyad Carey, The post Recent Research Portrays Tether USDT’s Intriguing Depeg in August appeared first on Coin Edition .