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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 meltedcapacitor on Thursday May 12, 2022 @04:14AM (#31350719)
UST had like 10 cents of reserves in other cryptos for every UST. Is that substantial?
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Re:Tether starting to lose its peg too, after Terra did by FabHK on Thursday May 12, 2022 @06:45AM (#31352014)
No. It means that they could fix things if the price dropped to 0.90, but not if the price dropped to 0.80.
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