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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

LENSAR, Inc. (LNSR)

NasdaqCM - NasdaqCM Real-time price. Currency in USD

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7.34

+0.30

(+4.26%)

At close: 04:00PM EDT

7.34

+0.01

(+0.14%)

After hours:

04:00PM EDT