Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency

Tether powerfully criticized a Deutsche Bank study that raised concerns astir the stableness of stablecoins, including Tether’s dollar-pegged token, predicting a imaginable situation akin to the 2022 illness of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing a survey of 334 humanities currency pegs, suggested that astir stablecoins volition look important challenges […]