The price of the Tether stable coin (USDT) pegged to the US dollar has tanked to an 18-month low on Monday, October 15, pushing the premium of Bitcoin and other cryptocurrencies on Bitfinex and a number of other exchanges.
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Terra, a project designing a price-stable digital currency that will power the next-generation payment network on the blockchain, has successfully closed its seed funding round with an initial USD $32M.