Bitcoin Averts Slaughter, Let the Clubbered Tether Burn. Burn Clubbered Tether… Burn!

A 500 million token Tether burn has been undertaken over the past week by Tether Ltd, as investors flee the besieged stablecoin in the face of mounting concerns over USDT and the emergence of more transparent alternatives. The Stable, the Stable, the Stable’s on Fire… In the past week, Tether Ltd has burned 500 million…

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