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UST Stablecoin Veers Wildly From Dollar Peg. Here's the Latest

By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021.

Updated May 11, 2023, 6:37 p.m. Published May 10, 2022, 2:58 a.m.