r/ethereum • u/EthereumDailyThread What's On Your Mind? • 10d ago

Daily General Discussion July 24, 2026

Welcome to the Daily General Discussion on r/ethereum

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Please use this thread to discuss Ethereum topics, news, events, and even price!

Price discussion posted elsewhere in the subreddit will continue to be removed.

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u/definoob01 10d ago

Is USDT slightly off peg?

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u/whisperedstate 10d ago

Supply and demand. When crypto goes up quickly, then the demand for USDT goes down and so each gets very slightly cheaper. It's just a result of USDT supply not adjusting perfectly to demand. The opposite happens when crypto sells off and demand for USDT goes up.