Tether USDT is depegging from dollar

Re:Tether USDT is depegging from dollar by thrwyoilarticle on Thursday November 10, 2022 @07:30AM (#33545481)

A live chart won't have much longevity if this is a temporary divergence. As much as I want it to be true, I think this post should be deleted until there are secondary sources. @dang

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Re:Tether USDT is depegging from dollar by arbuge on Thursday November 10, 2022 @07:38AM (#33545563)

You are implying that this kind of divergence has happened often in the past, which would then make this one not notable either.

If you have any such sources to back up that claim, perhaps you could post them here to support your deletion request?

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Re:Tether USDT is depegging from dollar by thrwyoilarticle on Thursday November 10, 2022 @07:41AM (#33545587)

https://news.ycombinator.com/item?id=31349988

https://news.ycombinator.com/item?id=31723438

Although both are secondary.

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Re:Tether USDT is depegging from dollar by pigtailgirl on Thursday November 10, 2022 @07:40AM (#33545584)

-- a quick google search will show you it's happened quite a few times in the past --

https://www.cnbc.com/2022/05/12/tether-usdt-stablecoin-drops...

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Re:Tether USDT is depegging from dollar by PebblesRox on Thursday November 10, 2022 @07:50AM (#33545694)

I think the point was that the chart is going to keep updating until eventually what happens today (and is discussed in the comments) will not be visible from the link.

But I don't think deleting the post is necessary. When a more permanent source becomes available, @dang can switch the link and in the meantime we can keep discussing the chart.

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Re:Tether USDT is depegging from dollar by SeanAnderson on Thursday November 10, 2022 @08:09AM (#33545857)

If you adjust the timeframe on OP's linked chart you can see that Tether depegged briefly earlier this year.

https://i.imgur.com/3PJVGhA.png

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Re:Tether USDT is depegging from dollar by senko on Thursday November 10, 2022 @07:47AM (#33545654)

USDT:USD at 0.98 happened twice in last 4 years and both times was successfully defended (research methodology: googled "usdt to usd" and clicked 5Y range in the chart)

If this drops below 0.95, it's popcorn time.

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Re:Tether USDT is depegging from dollar by pvg on Thursday November 10, 2022 @07:55AM (#33545737)

@dang doesn't do anything but you can email problems with posts in. You can also flag bad posts, 'made up a title for generic page' is perfectly fair flag game.

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