Name: Tether Market Cap Drops by $10B Since UST Collapse, Concerns Over Terra Backer Celsius
Uploaded: 2022-05-23T14:23:00.000Z
Duration: 9 min 32 s
Description: Quantum Economics Director of Blockchain Market Research Alexandre Lores discusses what to make of investors redeeming $10 billion worth of stablecoin Tether (USDT) since Terra's collapse, and why he prefers to hold only USDC. Plus, his take on concerns over Terra's backer Celsius after it pulled at least half a billion dollars out of Anchor Protocol just as the Terra losses began.

CD20$2,082.731.92%BTC$77,811.261.55%ETH$2,140.501.58%XRP$1.382.04%SOL$86.503.10%

Tether Market Cap Drops by $10B Since UST Collapse, Concerns Over Terra Backer Celsius | CoinDesk Videos

Loading video...