Stablecoin storm spreads after billions of tether is cashed out

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

Digital World Acquisition Corp. (DWACU)

NasdaqGM - NasdaqGM Real-time price. Currency in USD

Add to watchlist

54.32

+5.42

(+11.07%)

At close: 03:35PM EDT

54.29

-0.03

(-0.05%)

After hours:

05:25PM EDT