UST Stablecoin Veers Wildly From Dollar Peg. Here’s the Latest

UST Stablecoin Veers Wildly From Dollar Peg. Here’s the Latest

By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021.

Originally Posted on: https://www.coindesk.com/tech/2022/05/10/ust-stablecoin-veers-wildly-from-dollar-peg-heres-the-latest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Sam Kessler, Danny Nelson

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