Tether USDt

<ul><li>Whales dumping USDT have disrupted the market, leading to USDT dominance in Curve’s 3pool.</li><li>USDT sellers briefly pushed the stablecoin below its usual $1 parity.</li><li>Traders swiftly capitalized on the de-pegging, increasing USDT borrowing from Aave.</li></ul><a href="https://coinedition.com/tag/tether-USDT/" rel="noopener noreferrer nofollow">Tether</a> concerns are arising again as whales have recently initiated a dumping spree of USDT, causing it to account for more than 73% of the Curve 3pool. This surge in inflows is highly abnormal and has raised suspicions of either increased fear, uncertainty, and doubt (FUD) or insider knowledge.Tether’s USDT, the dominant stablecoin with an impressive market capitalization of $83 billion, experienced a slight de-pegging from its usual 1:1 ratio with the US dollar on the Curve DEX. This unexpected event presented a unique opportunity for quick DeFi traders to engage in arbitrage.<a href="https://coinedition.com/whales-dump-millions-of-usdt-concerns-cause-usdt-to-de-peg/" rel="noopener noreferrer nofollow">See the Original On CoinEdition</a>

Whales Dump Millions of USDT, Concerns Cause USDT to De-Peg

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