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The Daily Hodl 2023-07-10 22:01:42

Tether CTO Paolo Ardoino Explains Brief USDT Price Discrepancy Amid Binance Legal Battle

Tether chief technology officer Paolo Ardoino is addressing a recent depegging of USDT, the largest stablecoin in the world by market cap. Over the weekend, USDT appeared to lose its peg to the dollar, briefly trading as low as $0.94 on Binance.US. However, Ardoino clarifies that USDT never actually lost its peg to the dollar, The post Tether CTO Paolo Ardoino Explains Brief USDT Price Discrepancy Amid Binance Legal Battle appeared first on The Daily Hodl .

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