Re:FTX’s financial black hole leaves Binance balking at resc...
by AlexandrB on Wednesday November 09, 2022 @03:56PM
(#33537703)
Interestingly Tether started wobbling at just below $1.00 again today. I wonder if it's connected to this news, the drop in BTC price, or something else.
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Re:FTX’s financial black hole leaves Binance balking at resc...
by SilasX on Wednesday November 09, 2022 @07:13PM
(#33540232)
Borrowing shot up in Tether, and with it, the interest rates on lending dapps. The same didn't happen with USDC:
USDT: https://app.aave.com/reserve-overview/?underlyingAsset=0xdac...
USDC: https://app.aave.com/reserve-overview/?underlyingAsset=0xa0b...