Main Story Behind USDT Depeg is...
๐ A whale CZSamSun borrowed 31.5M USDT and swapped it for #USDC , causing $USDT to depeg.
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๐ Other big whales have started to swap USDC for #USDT , which has resulted in USDT slowly coming back towards its peg.
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๐ The #FUD in the crypto market is so high, so don't make any decisions in panic, as it's your sole responsibility to protect your portfolio ๐๐ฐ
๐ There are probably 100+ times we have seen the #Tether FUD, and historically, it always ends up being a bottom signal.
ย So Choice is Yours Guys if you don't want to take risk convert usdt to other Stablecoins โ ๐ค