Will USDT lose its peg permanently before 2024?
Stablecoins
28
99
Ṁ420
resolved Jan 2
Resolved
NO

If Tether takes action to return USDT to its $1 peg, its peg is lost.

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Looks like it traded within $.01 of $1 for the whole year:
https://coinmarketcap.com/currencies/tether/

Resolves No.

Creator hasn’t shown up in the last year. Looks like it should resolve NO, since the description implies a YES resolution necessitates the price moving away from $1USD and Tether intervening to re-peg it.

@oh I agree, though obviously this should wait until the New Year.

It might get messy if the peg is broken badly but only briefly.

this should be open?

Description too vague. Please specify the kind of action needed. Also if the price of USDT is $0.1, and tether takes no action, then this resolves negative?

🤔

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