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USDT Faces Downward Pressure as Investors Pivot to Stocks in China

Bitcoin.com

Bitcoin News / Bitcoin.com 48 Views

USDT Faces Downward Pressure as Investors Pivot to Stocks in ChinaUSDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull run following the announcement of […]
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