Tether (USDT) Loses 1:1 to US Dollar Amid Heightened Sell Pressure in Curve’s 3pool
Tether (USDT), the USD-pegged stablecoin issued by web3/fin tech company Tether, fell slightly below its 1:1 peg against the US dollar on Thursday on decentralized exchange (DEX) Curve Finance, pushing the DEX’s main sta...
USDT fell as low as 0.998 versus its competitor USD-pegged stablecoin USDC and against Maker protocol’s algorithmic stablecoin DAI on Thursday.
It was last trading around $0.9992 on the DEX against both....
Read More: Tether (USDT) Loses 1:1 to US Dollar Amid Heightened Sell Pressure in Curve’s 3pool
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