No. Coingecko deliberately manipulates their stablecoin pegs to remain solid even during massive tubulance by swapping out their sources for the data with ones closer to the peg. It's almost impossible for a USDT depeg to occur on Coinbase of that degree unless USDT is completely imploding that is.

@BowTrix ***Coingecko, not coinbase. mistake

@BowTrix Good to know. Can you suggest another reliable source? Chainlink maybe?

@duck you should not use a different source, since that would change the market by a lot and it has already been set up.

@BowTrix USDC's depeg has been accurately reflected by the CoinGecko price. I don't think changing the data source would change the market by a lot.

@duck it would not be fair to change it

@BowTrix OK, I won't change it. Can you please suggest another reliable source to use in the future? Any just out of curiosity, do you think there are people for whom the choice of Coingecko affected what they will bet on this market?

@Gigacasting What is your rationale behind the NO limit orders at 60+ %?

Newest WSJ article on Tether: https://www.wsj.com/articles/rising-tether-loans-add-risk-to-stablecoin-crypto-world-11669875590

Will Tether (USDT) trade under 0.7 in 2023?, 8k, beautiful, illustration, trending on art station, picture of the day, epic composition