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


$ 118,323.2
€ 101,515.8
¥ 38,800.0
£ 87,439.3
BTC
-3.81 %
$ 4,523.16
€ 3,881.08
¥ 1,483.39
£ 3,341.78
ETH
-4.52 %
$ 240.50
€ 206.32
¥ 78.98
£ 177.65
XMR
-4.71 %
$ 121.19
€ 104.02
¥ 39.71
£ 89.56
LTC
-7.29 %

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.