Warning ⚠️USDT Tether Crypto not a Safe stablecoin any more ?
Channel: AL MAKKAH TECH & BUSINESS HUB
Date: 17/06/2022

Asalam o alikum dear your family, The biggest Stablecoin USDT might be collapsing and crashing soon. Here's a quick warning ⚠️.
In this video I'm going to share with you the latest crypto market analysis News and update.
Bitcoin news and price prediction.

Investors pulled out about $1.6 billion in 48 hours from Tether's dollar-pegged USDT stablecoin, reducing its circulating supply to $70.8 billion, the lowest since October 2021, according to price tracker CoinGecko.

Tether's USDT has a different financial structure from the Terra blockchain's UST "algorithmic stablecoin," which collapsed last month. But USDT has long suffered from investor doubts about the assets backing it, and whether redemptions would be honored in a full-blown crisis.


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