Stablecoin storm spreads after billions of tether is cashed out

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

Coinbase Global, Inc. (COIN)

NasdaqGS - NasdaqGS Real-time price. Currency in USD

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61.70

-6.17

(-9.09%)

At close: 04:00PM EDT

65.77

+4.07

(+6.60%)

Pre-market:

08:16AM EDT

Show:

Historical prices

Frequency:

Daily

Currency in USD

Date	Open	High	Low	Close*	Adj. close**	Volume
17 May 2022	-	-	-	-	-	-
16 May 2022	68.06	68.08	60.51	61.70	61.70	18,624,800
13 May 2022	69.26	74.25	65.50	67.87	67.87	38,232,300
12 May 2022	48.54	60.30	40.83	58.50	58.50	58,789,000
11 May 2022	54.85	61.28	50.15	53.72	53.72	67,080,200
10 May 2022	87.00	89.38	70.19	72.99	72.99	31,780,000
09 May 2022	96.00	96.43	81.78	83.51	83.51	16,845,400
06 May 2022	112.50	112.50	100.25	103.74	103.74	9,014,600
05 May 2022	125.00	125.64	112.05	114.25	114.25	7,324,400
04 May 2022	124.00	132.81	116.20	130.15	130.15	6,492,800
03 May 2022	120.23	129.40	119.97	123.56	123.56	5,053,200
02 May 2022	113.07	122.29	111.80	121.34	121.34	6,229,400
29 Apr 2022	121.10	129.09	112.14	112.71	112.71	5,750,700
28 Apr 2022	123.69	126.39	113.32	122.69	122.69	8,070,900
27 Apr 2022	125.28	130.71	121.98	122.55	122.55	4,658,500
26 Apr 2022	135.31	136.77	126.52	127.15	127.15	3,717,600
25 Apr 2022	130.01	137.35	129.29	135.14	135.14	4,066,500
22 Apr 2022	137.29	141.20	131.25	131.52	131.52	5,162,200
21 Apr 2022	151.97	153.44	135.31	137.32	137.32	6,252,900
20 Apr 2022	154.93	154.96	144.85	147.13	147.13	3,486,000
19 Apr 2022	146.02	152.10	144.45	151.27	151.27	2,916,000
18 Apr 2022	145.45	149.50	140.53	145.16	145.16	4,668,700
14 Apr 2022	153.54	154.00	146.82	147.29	147.29	4,082,200
13 Apr 2022	149.03	156.16	147.80	154.79	154.79	3,740,500
12 Apr 2022	158.07	162.44	149.41	149.85	149.85	4,654,400
11 Apr 2022	156.57	157.56	151.73	153.87	153.87	4,305,800
08 Apr 2022	165.21	166.00	160.13	160.94	160.94	2,951,000
07 Apr 2022	166.71	169.42	160.68	166.19	166.19	3,093,600
06 Apr 2022	172.83	174.33	165.01	166.84	166.84	4,675,300
05 Apr 2022	189.76	191.33	176.26	177.17	177.17	5,012,800
04 Apr 2022	187.34	193.07	186.16	191.65	191.65	2,488,800
01 Apr 2022	189.86	191.87	184.39	186.96	186.96	2,975,900
31 Mar 2022	197.25	198.08	189.56	189.86	189.86	2,999,200
30 Mar 2022	201.29	206.33	194.76	196.70	196.70	3,775,900
29 Mar 2022	198.95	206.79	194.05	204.53	204.53	4,811,500
28 Mar 2022	193.31	203.27	193.01	201.41	201.41	6,624,000
25 Mar 2022	192.00	195.70	182.80	186.71	186.71	3,598,300
24 Mar 2022	185.26	192.00	179.50	190.19	190.19	3,536,500
23 Mar 2022	184.72	189.55	181.80	183.11	183.11	2,311,900
22 Mar 2022	180.50	188.81	178.50	186.08	186.08	4,086,100
21 Mar 2022	181.80	183.59	171.70	176.81	176.81	4,214,000
18 Mar 2022	175.03	186.69	175.00	185.94	185.94	4,835,700
17 Mar 2022	170.73	177.50	168.00	177.22	177.22	2,975,900
16 Mar 2022	160.47	173.07	160.00	172.53	172.53	5,974,300
15 Mar 2022	152.90	156.42	150.12	155.98	155.98	4,245,400
14 Mar 2022	159.99	161.70	150.42	153.19	153.19	4,450,000
11 Mar 2022	175.35	175.75	160.00	160.07	160.07	3,660,500
10 Mar 2022	173.14	174.49	168.10	172.97	172.97	2,670,600
09 Mar 2022	174.26	181.45	173.51	178.97	178.97	4,945,200
08 Mar 2022	160.10	168.35	156.53	161.99	161.99	3,840,800
07 Mar 2022	168.25	172.98	160.23	161.14	161.14	4,424,000
04 Mar 2022	177.61	178.66	162.16	165.75	165.75	5,848,700
03 Mar 2022	194.71	194.92	177.15	178.03	178.03	3,734,400
02 Mar 2022	192.26	196.15	189.51	194.50	194.50	3,414,100
01 Mar 2022	196.28	205.88	189.63	196.17	196.17	7,779,200
28 Feb 2022	172.50	192.23	172.09	190.77	190.77	8,036,300
25 Feb 2022	180.24	182.09	170.40	176.83	176.83	6,836,800
24 Feb 2022	159.08	183.00	155.92	179.56	179.56	8,134,000
23 Feb 2022	180.69	183.34	171.77	172.74	172.74	3,892,500
22 Feb 2022	180.87	185.75	173.16	176.76	176.76	4,472,800
18 Feb 2022	191.08	192.72	180.54	189.16	189.16	4,502,200
17 Feb 2022	202.10	206.31	188.93	191.92	191.92	4,740,600
16 Feb 2022	205.38	214.02	203.83	207.96	207.96	3,593,600
15 Feb 2022	202.31	209.31	201.18	208.95	208.95	3,714,300
14 Feb 2022	193.48	203.56	193.46	195.25	195.25	4,528,100
11 Feb 2022	205.80	205.98	191.02	194.53	194.53	5,054,200
10 Feb 2022	210.57	217.49	202.86	204.77	204.77	4,587,400
09 Feb 2022	210.18	215.25	207.61	214.50	214.50	3,811,700
08 Feb 2022	200.37	209.25	196.75	208.73	208.73	4,639,100
07 Feb 2022	198.70	211.11	198.20	205.74	205.74	6,668,300
04 Feb 2022	181.02	197.00	177.45	194.44	194.44	4,397,900
03 Feb 2022	182.26	189.30	179.00	181.31	181.31	3,417,000
02 Feb 2022	195.81	197.00	181.73	187.37	187.37	3,861,700
01 Feb 2022	197.97	201.45	188.62	197.73	197.73	5,159,000
31 Jan 2022	177.87	192.00	175.03	190.15	190.15	4,060,500
28 Jan 2022	169.10	181.75	162.20	177.58	177.58	6,475,800
27 Jan 2022	182.03	182.75	168.58	170.20	170.20	5,551,900
26 Jan 2022	193.60	198.05	177.00	178.64	178.64	7,566,300
25 Jan 2022	185.17	193.12	177.15	185.63	185.63	6,271,300
24 Jan 2022	173.18	191.86	162.51	191.48	191.48	12,978,700
21 Jan 2022	209.98	210.19	186.86	191.97	191.97	13,628,300
20 Jan 2022	222.30	232.00	220.84	221.62	221.62	3,691,200
19 Jan 2022	224.25	227.17	218.82	219.50	219.50	2,976,700
18 Jan 2022	226.82	227.19	219.60	222.00	222.00	3,483,000
14 Jan 2022	226.62	232.00	222.30	230.03	230.03	4,325,600
13 Jan 2022	241.99	242.87	227.19	228.23	228.23	3,814,100
12 Jan 2022	242.11	246.27	234.42	234.70	234.70	3,937,000
11 Jan 2022	225.50	238.00	222.18	237.23	237.23	5,585,600
10 Jan 2022	224.43	225.26	214.64	225.01	225.01	6,800,800
07 Jan 2022	233.63	238.48	227.59	232.33	232.33	3,312,000
06 Jan 2022	233.19	235.98	224.88	234.00	234.00	5,236,000
05 Jan 2022	247.72	248.69	232.86	234.23	234.23	5,196,300
04 Jan 2022	253.05	258.81	244.14	250.15	250.15	3,652,600
03 Jan 2022	256.27	261.63	250.64	251.05	251.05	3,350,900
31 Dec 2021	255.81	259.21	251.52	252.37	252.37	2,360,300
30 Dec 2021	252.60	260.00	252.04	256.79	256.79	2,887,600
29 Dec 2021	256.67	263.01	251.37	252.60	252.60	3,474,300
28 Dec 2021	270.00	270.98	259.69	261.33	261.33	4,372,800
27 Dec 2021	270.26	281.99	270.20	280.27	280.27	4,448,900
23 Dec 2021	256.56	269.31	253.50	268.15	268.15	4,106,100
Close price adjusted for splits.*Close price adjusted for splits and dividend and/or capital gain distributions.

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FTSE 1007,524.47+59.67(+0.80%)

FTSE 25020,139.78+215.67(+1.08%)

AIM962.42+6.84(+0.72%)

GBP/EUR1.1850+0.0048(+0.40%)

GBP/USD1.2483+0.0160(+1.2958%)

BTC-GBP24,321.37+344.08(+1.44%)

Stablecoin storm spreads after billions of tether is cashed out

Coinbase Global, Inc. (COIN)

FTSE 100
7,524.47
+59.67(+0.80%)

FTSE 250
20,139.78
+215.67(+1.08%)

AIM
962.42
+6.84(+0.72%)

GBP/EUR
1.1850
+0.0048(+0.40%)

GBP/USD
1.2483
+0.0160(+1.2958%)

BTC-GBP
24,321.37
+344.08(+1.44%)