QUICK TAKE

Tether’s stablecoin $USDT has de-pegged as the #Curve 3Pool became heavily imbalanced.

Tether CTO Paolo Ardoino said the stablecoin issuer is “ready to redeem any amount.”

Chart credits: @Coinmarketcap (https://coinmarketcap.com/currencies/tether/)

#Tether #StableCoin #depegged