The largest stablecoin in the cryptocurrency world scared the already panicked market when its lost its dollar pegged value. It went down to slip as low as $0.9455 cents. However, it has now recovered to trade at the price of $0.993, at the press time. Meanwhile, the Tether organisation issued a statement amid the recovery. The post Tether (USDT) Close To Recovering Peg Despite Rising Redemptions appeared first on CoinGape.