UST had like 10 cents of reserves in other cryptos for every UST. Is that substa... | Hacker News

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		meltedcapacitor on May 12, 2022 \| parent \| context \| favorite \| on: Tether starting to lose its peg too, after Terra d... UST had like 10 cents of reserves in other cryptos for every UST. Is that substantial?

FabHK on May 12, 2022 [–]

No. It means that they could fix things if the price dropped to 0.90, but not if the price dropped to 0.80.

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