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Analyzing Contagion Risk if Tether Stablecoin Fails or Loses Its Peg
Stablecoins like Tether (USDT) have become an integral part of the cryptocurrency ecosystem, providing a way for traders to hedge against volatility. However, there are long-standing concerns around whether Tether has sufficient reserves to maintain its 1:1 peg to the US dollar if redemptions surge. If Tether were to