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A comment on Tether starting to lose its peg too, after Terra did. Parent comment

Re:Tether starting to lose its peg too, after Terra did by nrp on Thursday May 12, 2022 @03:24AM (#31350353)
USDT is now <$0.95, so the arbitrage opportunity is getting more exciting by the minute. It will be very interesting to see how long they can hold out against that.
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Re:Tether starting to lose its peg too, after Terra did by peyton on Thursday May 12, 2022 @03:30AM (#31350388)
Someone just put a couple monster buys on FTX right at 0.97 so I’m guessing 3% is juicy enough for somebody.
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Re:Tether starting to lose its peg too, after Terra did by gzer0 on Thursday May 12, 2022 @03:32AM (#31350408)
Where are you seeing this? It's above $0.97

07:31:58 UTC Thursday, May 12, 2022

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Re:Tether starting to lose its peg too, after Terra did by astrange on Thursday May 12, 2022 @03:42AM (#31350490)
It was down to .949 then bounced again.

https://coinmarketcap.com/currencies/tether/

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Re:Tether starting to lose its peg too, after Terra did by semi-extrinsic on Thursday May 12, 2022 @03:44AM (#31350508)
There was a dip down to about $0.95 at 07:15 UTC but there seems to be generally quite a lot of "support" at around $0.975.
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