Share this article

Tether's USDT Stablecoin Drops 3% Below $1 Peg

USDT is trading at 97 cents on several bourses, and briefly fell as low as 93 cents on the Kraken exchange.

Updated Nov 10, 2022, 4:51 p.m. Published Nov 10, 2022, 11:08 a.m.
USDT traded lower than its intended peg on Thursday. (Cryptowatch)
USDT traded lower than its intended peg on Thursday. (Cryptowatch)