UST’s peg volatility results in USDT’s peg missing the $1 mark and investors pulling out $10 billion. USDT’s market cap falls by 12% right before Bitcoin’s 20% drop. It’s not Bitcoin or Ethereum, but stablecoins that serve as the bedrock of the cryptocurrency market. Most trading on centralized finance and decentralized finance happens through stablecoins […]The post How Bitcoin Could React To Drying USDT Supply appeared first on Vauld Insights.