October 9, 2026

Capitalizations Index – B ∞/21M

Op Ed: Anatomy of the Tether Attack: Are Stablecoins Vulnerable?

Crypto New Media
Op Ed: Anatomy of the Tether Attack: Are Stablecoins Vulnerable?

Crypto New Media Press

Usdt1

“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992. On October 15, 2018, tether, the market dominating stablecoin with a market cap of $2 billion, was attacked, breaking tether’s peg to […]

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Op ed: anatomy of the tether attack: are stablecoins vulnerable?

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