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Tether Loses Peg: Massive USDT Sell-off on Curve, Uniswap Suggests Shift to Other Stablecoins

Tether’s stablecoin USDT has lost its dollar peg after two major pools for stablecoin trading became heavily imbalanced. On-chain data shows traders have been exchanging millions of dollars worth of USDT for other popula...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tether Loses Peg: Massive USDT Sell-off on Curve, Uniswap Suggests Shift to Other Stablecoins
Tether’s stablecoin USDT has lost its dollar peg after two major pools for stablecoin trading became heavily imbalanced.
On-chain data shows traders have been exchanging millions of dollars worth of USDT for other popular stablecoins like USDC and DAI on Uniswap and Curve pools....
Read More: Tether Loses Peg: Massive USDT Sell-off on Curve, Uniswap Suggests Shift to Other Stablecoins

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