No, this has close to nothing to do with USDT. The current bad market conditions... | Hacker News

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		Tenoke on May 13, 2022 \| parent \| context \| favorite \| on: Luna Founder Requests Police Protection as Investo... No, this has close to nothing to do with USDT. The current bad market conditions might also be bad for USDT and could potentially cause it to fall (though I wouldnt bet on it personally) but there is no connection beyond that.

Shaanie on May 13, 2022 [–]

Tether did lose its peg for a few hours, although like you said it's an unrelated and different mechanism.

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