Re:Tether ordered to produce documents showing backing of US...
by fckgw on Wednesday September 21, 2022 @12:42PM
(#32927745)
A $1 stable coin being worth 99 cents is a depeg, and it was at that price for nearly a month after Luna/Terra collapse.
[ Parent
| on HN ]
Re:Tether ordered to produce documents showing backing of US...
by jimmydorry on Wednesday September 21, 2022 @02:00PM
(#32928808)
But it was not the longest period of de-pegging, which was your original claim.
Re:Tether ordered to produce documents showing backing of US...
by roflyear on Wednesday September 21, 2022 @02:12PM
(#32928963)
What was? I can't really get that by just looking at some charts on an exchange...
Re:Tether ordered to produce documents showing backing of US...
by jimmydorry on Thursday September 22, 2022 @01:16AM
(#32935039)
Why can't you see that on a chart?
https://i.imgur.com/FQbszHZ.png
A quick eyeball has January to July 2018 where a Tether was worth less than $1.
Re:Tether ordered to produce documents showing backing of US...
by josu on Wednesday September 21, 2022 @04:01PM
(#32930738)
It depegged for much longer periods in 2019.
EDIT: Screenshot https://www.tradingview.com/x/I92ccibV/