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Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD

June 15, 2023 by DIGIT
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The stablecoin pool ideally has a weightage of 33.3% of each USDT, USDC and DAI, however, on June 15, the USDT weightage rose above 70% in the pool.

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Categories Curve.finance, Stablecoin, Tether
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  • bitcoinBitcoin(BTC)$78,043.001.39%
  • ethereumEthereum(ETH)$2,281.991.28%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$771.551.77%
  • rippleXRP(XRP)$1.610.87%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$103.150.96%
  • tronTRON(TRX)$0.283388-0.19%
  • staked-etherLido Staked Ether(STETH)$2,282.740.76%
  • dogecoinDogecoin(DOGE)$0.1072173.62%
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  • bitcoinBitcoin(BTC)$78,043.001.39%
  • ethereumEthereum(ETH)$2,281.991.28%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$771.551.77%
  • rippleXRP(XRP)$1.610.87%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$103.150.96%
  • tronTRON(TRX)$0.283388-0.19%
  • staked-etherLido Staked Ether(STETH)$2,282.740.76%
  • dogecoinDogecoin(DOGE)$0.1072173.62%