2022-05-19
Bloomberg
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CoinGecko: after Tether briefly lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC circulation rose by ~$3.4B and Binance USD gained $1.2B
2022-05-12
The Block
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Tether, the largest stablecoin, briefly drops to a 24-hour low of $0.96; Binance USD and USDC are both trading at around $1
Quick Take — Tether dropped below $0.96 on Thursday morning. — The stablecoin is designed to keep a constant peg with the dollar.
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