Why are centralized stablecoins pegged to the dollar volatile?

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Feb 18, 2021
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Holla! Guys, what do you think, Why are centralized stablecoins pegged to the dollar volatile?


Sometimes the price of USDT is much different from 1:1 in relation to the $$$. Why is this happening if each USDT is backed by USD? The same goes for the rest of the stablecoins. USDS is so very volatile...
:eek:
 
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