USDC Flipping Tether Soon | Crypto Black Swan Event in Slow Motion

best stablecoin bitcoin black swan crash crypto crypto black swan event crypto news decentralized usd stablecoin collateral stablecoin interest stablecoin regulation stablecoin unpegged stablecoins stablecoins risk terra ust tether tether collateral tether usdt usd coin interest usd coin vs tether usd crypto usd stablecoin usdc for business usdc vs tether usdd usdt usdt stablecoin usdt vs usdc what are stablecoins what are stablecoins backed by? Jun 17, 2022

The latest crypto market rout has led to heightened anxiety among investors, accompanied by layoffs at Coinbase and other big industry players. Now fresh signs are emerging that the nervousness is hitting Tether, the issuer of the most popular stablecoin. Tether's USDT has a different financial structure from the Terra blockchain's UST "algorithmic stablecoin," which collapsed last month. But USDT has long suffered from investor doubts about the assets backing it, and whether redemptions would be honored in a full-blown crisis. Meanwhile, Circle's USDC stablecoin seems to be reaping the benefits and aligning itself as the new stablecoin standard.

Become a Diamond Circle Member for FREE!

What you get is a life-changing strategy plan via member-only content, email, courses, and best of all Digital Asset Rewards given back to our community!
Join for FREE