Tether’s CEO hails USDT’s reliability over depegged ‘low liquidity tokens’

Paolo Ardoino, chief executive of Tether, has seized on last week’s crypto market crash to tout the resilience of USDT, the world’s largest stablecoin, as rivals struggled to maintain parity. His remarks came after Ethena Labs’ synthetic dollar, USDe, briefly depegged amid the most severe liquidation cascade in the digital asset market’s history, which was […] source: https://www.cryptopolitan.com/tether-ceo-usdt-reliability-depegged-tokens/