World’s biggest stablecoin Tether regains peg after crypto meltdown

May 13, 2022 8:35 AM

PORTLAND, Oregon (BLOOMBERG) – Amidst worries that Tether, the world’s biggest stablecoin, was losing its 1-to-1 peg to the US dollar, its chief technology officer Paolo Ardoino stepped in to reassure investors.

Source : https://www.straitstimes.com/business/companies-markets/worlds-biggest-stablecoin-tether-regains-peg-after-crypto-meltdown