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Stablecoin storm spreads after billions of tether is cashed out

Investors rushed to redeem $7.6bn of the cryptocurrency in one week

Air Transport Services Group, Inc. (ATSG)

NasdaqGS - NasdaqGS Real-time price. Currency in USD

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31.20

+1.45

(+4.87%)

At close: 04:00PM EDT

31.20

0.00

(0.00%)

After hours:

04:01PM EDT