Stablecoin storm spreads after billions of tether is cashed out

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

Ironveld Plc (IRON.L)

LSE - LSE Delayed price. Currency in GBp

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0.6900

0.0000

(0.00%)

At close: 01:30PM BST

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Historical prices

Frequency:

Daily

Currency in GBp

Date	Open	High	Low	Close*	Adj. close**	Volume
17 May 2022	0.6980	0.7150	0.6900	0.6900	0.6900	1,232,482
16 May 2022	0.7050	0.7000	0.6800	0.6900	0.6900	2,587,576
13 May 2022	0.7200	0.7080	0.6800	0.7050	0.7050	2,273,880
12 May 2022	0.7250	0.7350	0.7020	0.7200	0.7200	571,643
11 May 2022	0.7150	0.7200	0.7000	0.7250	0.7250	12,769,709
10 May 2022	0.7400	0.7230	0.6830	0.7150	0.7150	7,182,018
09 May 2022	0.8050	0.7900	0.7010	0.7400	0.7400	4,464,270
06 May 2022	0.8050	0.8070	0.7700	0.8050	0.8050	1,517,413
05 May 2022	0.8300	0.8270	0.8000	0.8050	0.8050	2,359,936
04 May 2022	0.8500	0.8400	0.8200	0.8300	0.8300	999,098
03 May 2022	0.8500	0.8580	0.8400	0.8500	0.8500	405,029
29 Apr 2022	0.8550	0.8580	0.8400	0.8500	0.8500	2,012,316
28 Apr 2022	0.8350	0.8500	0.8200	0.8550	0.8550	6,074,382
27 Apr 2022	0.8150	0.8490	0.7800	0.8350	0.8350	16,317,964
26 Apr 2022	0.8900	0.9000	0.8030	0.8150	0.8150	17,437,985
25 Apr 2022	0.8950	0.9000	0.8800	0.8900	0.8900	333,195
22 Apr 2022	0.8600	0.9000	0.8600	0.8950	0.8950	4,452,249
21 Apr 2022	0.9250	0.9000	0.8500	0.8600	0.8600	9,588,009
20 Apr 2022	0.9600	0.9500	0.9050	0.9250	0.9250	1,724,226
19 Apr 2022	0.9600	0.9590	0.9500	0.9600	0.9600	36,981
14 Apr 2022	0.9600	0.9600	0.9500	0.9600	0.9600	670,000
13 Apr 2022	0.9600	0.9680	0.9530	0.9600	0.9600	823,330
12 Apr 2022	0.9400	0.9800	0.9500	0.9600	0.9600	6,331,277
11 Apr 2022	0.9400	0.9500	0.9300	0.9400	0.9400	1,909,162
08 Apr 2022	0.9350	0.9430	0.9300	0.9400	0.9400	2,525,238
07 Apr 2022	0.9350	0.9430	0.9190	0.9350	0.9350	1,119,087
06 Apr 2022	0.9400	0.9480	0.8820	0.9350	0.9350	12,238,418
05 Apr 2022	0.9150	0.9500	0.9100	0.9400	0.9400	31,206,510
04 Apr 2022	0.9300	0.9100	0.8760	0.9150	0.9150	4,849,765
01 Apr 2022	0.8900	0.9500	0.8810	0.9300	0.9300	6,843,451
31 Mar 2022	0.8750	0.9510	0.8810	0.8900	0.8900	12,569,598
30 Mar 2022	1.0000	1.0100	0.9550	0.9750	0.9750	2,697,380
29 Mar 2022	1.1100	1.1190	0.9700	1.0000	1.0000	9,414,289
28 Mar 2022	1.0250	1.1400	1.0100	1.1100	1.1100	12,790,858
25 Mar 2022	1.0250	1.0350	0.9950	1.0250	1.0250	2,551,111
24 Mar 2022	1.0250	1.0370	1.0020	1.0250	1.0250	2,826,204
23 Mar 2022	1.0250	1.0400	1.0110	1.0250	1.0250	1,141,461
22 Mar 2022	0.9700	1.0500	0.9820	1.0250	1.0250	3,074,709
21 Mar 2022	0.8850	0.9900	0.8900	0.9850	0.9850	14,009,219
18 Mar 2022	0.8700	0.8740	0.8600	0.8850	0.8850	3,071,681
17 Mar 2022	0.8850	0.9000	0.8600	0.8700	0.8700	3,941,115
16 Mar 2022	0.8850	0.8780	0.8700	0.8850	0.8850	493,949
15 Mar 2022	0.8600	0.8950	0.8700	0.8850	0.8850	1,518,569
14 Mar 2022	0.8650	0.8660	0.8400	0.8600	0.8600	3,481,028
11 Mar 2022	0.8750	0.8690	0.8600	0.8650	0.8650	2,013,223
10 Mar 2022	0.8750	0.8780	0.8400	0.8750	0.8750	16,040,461
09 Mar 2022	0.8850	0.8900	0.8600	0.8750	0.8750	5,850,038
08 Mar 2022	0.9150	0.9270	0.8820	0.8850	0.8850	4,073,929
07 Mar 2022	0.9600	0.9610	0.8790	0.9150	0.9150	8,062,677
04 Mar 2022	1.0150	0.9940	0.9500	0.9600	0.9600	3,072,033
03 Mar 2022	1.0250	1.0180	0.9850	1.0150	1.0150	712,970
02 Mar 2022	1.0250	1.0250	1.0180	1.0250	1.0250	125,791
01 Mar 2022	1.0250	1.0250	1.0140	1.0250	1.0250	475,000
28 Feb 2022	1.0250	1.0150	1.0140	1.0250	1.0250	241,709
25 Feb 2022	1.0250	1.0250	1.0000	1.0250	1.0250	86,188
24 Feb 2022	1.0500	1.0350	0.9810	1.0250	1.0250	1,430,745
23 Feb 2022	1.0500	1.0700	1.0200	1.0500	1.0500	3,187,313
22 Feb 2022	1.0500	1.0670	0.9630	1.0500	1.0500	8,924,207
21 Feb 2022	1.1000	1.1500	1.0500	1.0750	1.0750	11,957,737
18 Feb 2022	1.1750	1.1520	1.0200	1.0750	1.0750	14,475,344
17 Feb 2022	1.3000	1.2550	1.1500	1.1750	1.1750	10,674,309
16 Feb 2022	1.2000	1.3480	1.1000	1.3000	1.3000	26,723,622
15 Feb 2022	0.8850	1.3000	0.8830	1.2250	1.2250	17,888,139
14 Feb 2022	0.9550	0.9540	0.8500	0.8850	0.8850	12,360,414
11 Feb 2022	1.0150	1.0000	0.9350	0.9550	0.9550	5,324,815
10 Feb 2022	1.0250	1.0290	0.9940	1.0000	1.0000	10,325,194
09 Feb 2022	0.9500	1.0400	0.9500	1.0250	1.0250	25,823,940
08 Feb 2022	0.9750	1.2000	1.0000	1.1000	1.1000	44,672,771
07 Feb 2022	0.9500	1.0000	0.9650	0.9750	0.9750	2,948,732
04 Feb 2022	0.9600	0.9990	0.9410	0.9500	0.9500	19,257,431
03 Feb 2022	0.9100	0.9700	0.8510	0.9600	0.9600	16,620,709
02 Feb 2022	0.9200	0.9050	0.9000	0.9100	0.9100	298,791
01 Feb 2022	0.9500	0.9400	0.9010	0.9200	0.9200	3,828,516
31 Jan 2022	0.9200	0.9750	0.9110	0.9500	0.9500	10,193,554
28 Jan 2022	0.8100	0.9500	0.8110	0.9200	0.9200	42,500,246
27 Jan 2022	0.7650	0.8350	0.7450	0.8100	0.8100	22,028,894
26 Jan 2022	0.7650	0.7700	0.7630	0.7650	0.7650	560,231
25 Jan 2022	0.7600	0.7700	0.7700	0.7650	0.7650	4,847,006
24 Jan 2022	0.8050	0.8000	0.7700	0.7750	0.7750	2,297,616
21 Jan 2022	0.8250	0.8210	0.8000	0.8050	0.8050	2,525,936
20 Jan 2022	0.8350	0.8200	0.8050	0.8250	0.8250	1,069,682
19 Jan 2022	0.8350	0.8300	0.8200	0.8350	0.8350	4,590,173
18 Jan 2022	0.8350	0.8480	0.8260	0.8350	0.8350	529,539
17 Jan 2022	0.8400	0.8320	0.8200	0.8350	0.8350	531,661
14 Jan 2022	0.8550	0.8800	0.8300	0.8400	0.8400	1,800,487
13 Jan 2022	0.8450	0.8490	0.8360	0.8550	0.8550	2,242,511
12 Jan 2022	0.8450	0.8500	0.8320	0.8450	0.8450	4,545,051
11 Jan 2022	0.9250	0.9280	0.8330	0.8450	0.8450	15,436,120
10 Jan 2022	0.9250	0.9330	0.8800	0.9250	0.9250	6,729,594
07 Jan 2022	0.8500	0.9490	0.8500	0.9250	0.9250	9,118,399
06 Jan 2022	0.8250	0.8800	0.8080	0.8500	0.8500	2,271,661
05 Jan 2022	0.8250	0.8350	0.7940	0.8250	0.8250	4,463,220
04 Jan 2022	0.8750	0.8900	0.8100	0.8250	0.8250	6,562,707
31 Dec 2021	0.8750	0.8850	0.8200	0.8750	0.8750	2,141,367
30 Dec 2021	0.9000	0.9350	0.8060	0.8750	0.8750	29,264,649
29 Dec 2021	0.9750	0.9900	0.9520	0.9750	0.9750	1,256,347
24 Dec 2021	0.9750	0.9830	0.9500	0.9750	0.9750	1,271,463
23 Dec 2021	0.9750	0.9900	0.9570	0.9750	0.9750	1,054,382
22 Dec 2021	1.0500	1.0800	0.9530	0.9750	0.9750	24,549,655
21 Dec 2021	0.9250	1.0800	0.9300	1.0500	1.0500	8,833,175
Close price adjusted for splits.*Close price adjusted for splits and dividend and/or capital gain distributions.

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FTSE 1007,513.11+48.31(+0.65%)

FTSE 25020,030.99+106.88(+0.54%)

AIM959.92+4.34(+0.45%)

GBP/EUR1.1838+0.0036(+0.31%)

GBP/USD1.2473+0.0150(+1.2149%)

BTC-GBP24,064.33+207.06(+0.87%)

Stablecoin storm spreads after billions of tether is cashed out

Ironveld Plc (IRON.L)

FTSE 100
7,513.11
+48.31(+0.65%)

FTSE 250
20,030.99
+106.88(+0.54%)

AIM
959.92
+4.34(+0.45%)

GBP/EUR
1.1838
+0.0036(+0.31%)

GBP/USD
1.2473
+0.0150(+1.2149%)

BTC-GBP
24,064.33
+207.06(+0.87%)