Price Bitcoin Today logo Price Bitcoin Today logo
Ethereum World News 2022-05-24 17:50:31

TerraUSD (UST), Tether (USDT) Not as Stable and Cannot Guarantee Their Peg at All Times – ECB Crypto Asset Report

Summary: The European Central Bank has published an informative new article on digital assets titled ‘Decrypting Financial Stability Risks in Crypto-Asset Markets’. The informative article describes the stablecoins of TerraUSD (UST) and Tether (USDT) as not being as stable as their names suggest and cannot guarantee their peg at all times. The article also concludes that the volatility of crypto markets could pose risks to financial stability. The European Central Bank has published an article on digital assets amidst the […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer