Tethers drop below $1
That pesky stable peg remains elusive for even the best peggers
The peg to $1 for tethers has been pretty easy for some time now.
In fact has been trading for slightly over a dollar for some time now.
However, now it has dipped below a dollar for the longest period in months:
(Source: https://www.coindesk.com/bitcoin-demand-pushes-tether-below-1-for-longest-stretch-since-march)
Look at the chart though, we are talking about fractions of pennies here.
Nothing like our stable coin which rarely is worth a dollar but instead usually 3-5% off.
Which is unacceptable by the way.
We need a better stable coin pegging stystem.