[ThrowITout4321]

This is nuts. Is Tether failing too? This crap is way too complicated for a mere mortal.

[Trasmatta]

It was depegged earlier this week. It will certainly fail eventually, but they may manage to keep the "party" going for awhile longer.

[anamax]

Tether's "peg" has long been more of a guideline than a fact.

For example, Tether traded as low as $0.95 and as high as $1.40 in 2021.