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Message: <blockquote data-quote="Myth" data-source="post: 28951417" data-attributes="member: 222967"><a href="https://cointelegraph.com/news/curve-pool-imbalance-usdt-depeg-concerns-tether-cto-calls-it-fud" target="_blank">https://cointelegraph.com/news/curve-pool-imbalance-usdt-depeg-concerns-tether-cto-calls-it-fud</a>[ATTACH=full]207758[/ATTACH]The Tether<a href="https://cointelegraph.com/tether-price-index" target="_blank">USDT</a><a href="https://cointelegraph.com/tether-price-index" target="_blank"><img src="https://cointelegraph.com/assets/img/tickers/tickers_down.svg" alt="tickers down" class="fr-fic fr-dii fr-draggable " style="" /></a><a href="https://cointelegraph.com/tether-price-index" target="_blank">$1.00</a> stablecoin slightly deviated from its United States dollar peg on June 15 due to an imbalance in Curve’s 3pool. The price of USDT fell by 0.3% to around 0.997 as its weightage in the curve 3pool increased to over 70% from the usual 33.1%.Curve’s 3pool is a stablecoin pool for decentralized finance holding a massive amount of liquidity in the three top stablecoins: USDT, USD Coin<a href="https://cointelegraph.com/usdc-price-index" target="_blank">USDC</a><a href="https://cointelegraph.com/usdc-price-index" target="_blank"><img src="https://cointelegraph.com/assets/img/tickers/tickers_up.svg" alt="tickers down" class="fr-fic fr-dii fr-draggable " style="" /></a><a href="https://cointelegraph.com/usdc-price-index" target="_blank">$1.00</a> and Dai<a href="https://cointelegraph.com/dai-price-index" target="_blank">DAI</a><a href="https://cointelegraph.com/dai-price-index" target="_blank"><img src="https://cointelegraph.com/assets/img/tickers/tickers_down.svg" alt="tickers down" class="fr-fic fr-dii fr-draggable " style="" /></a><a href="https://cointelegraph.com/dai-price-index" target="_blank">$1.00</a>. A significant rise in the weightage of a particular stablecoin in the pool indicates heavy selling of that asset.<hr />[ATTACH=full]207759[/ATTACH]------ Post added on [DATETIME="UT"]1686845700[/DATETIME]</blockquote>

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