The USD0/USD0++ Pool ratio on Curve, with a TVL of $245 million, has been severely tilted, and the LP Token price has fallen to $0.9568.

This should be related to the latest announcement from Usual that in the case of early release of stake, USD0++ will be redeemed at a floor price of 0.87 USD0 or USD0 will be redeemed at a ratio of 1:1 by burning a certain number of USUAL tokens.