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CoinGape 2022-07-04 06:05:40

How Stable Is Tether? Data Shows USDT At Massive Liquidity Imbalance

The Tether stablecoin (USDT) appears to have failed in convincing investors that it is able to handle mass redemptions in the market. Data from Curve- the largest DeFi stablecoin exchange- shows that its biggest liquidity pool is largely skewed towards USDT. This indicates that traders are swapping the coin in favour of other stablecoins- namely The post How Stable Is Tether? Data Shows USDT At Massive Liquidity Imbalance appeared first on CoinGape.

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