When the Tether (USDT) stablecoin’s $1 peg broke down on Monday, traders looking for another dollar equivalent they could easily move between cryptocurrency exchanges had few other places to turn.

One of those places was Bibox, the ninth-largest exchange by 24-hour adjusted volume, according to CoinMarketCap, which accounts for basically all trading – 96 percent at the time of writing – in the Gemini Dollar (GUSD), a dollar-pegged alternative to tether. (Gemini, the exchange founded by the Winkelvoss twins, does not currently offer trading pairs using its stablecoin.)

According to internal data Bibox shared with CoinDesk, trading volume for GUSD pairs on the exchange roughly doubled in the wake of the tether turmoil.

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