Tether 'Ready to Redeem Any Amont' of $USDT amid Curve 3pool Unbalance, CTO Says

Tether 'Ready to Redeem Any Amont' of $USDT amid Curve 3pool Unbalance, CTO Says

According to Curve's official page, the ratio of Curve's stablecoin 3pool is severely imbalanced, with $USDT accounting for over 70% of the total. 

In response, Tether CTO Paolo Ardoino tweeted, "Markets are edgy in these days, so it's easy for attackers to capitalize on this general sentiment. But at Tether we're ready as always. Let them come. We're ready to redeem any amount."

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Curve

Stablecoins

USDT

In This Article

Related News
Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies
TON connects to Tether’s USDt ecosystem with LayerZero integration TON connects to Tether’s USDt ecosystem with LayerZero integration
Total stablecoin market cap tops $200 billion as onchain lending yields surge Total stablecoin market cap tops $200 billion as onchain lending yields surge
Stacks (STX) makes 30% gain as mainnet upgrade and stablecoin launch approach Stacks (STX) makes 30% gain as mainnet upgrade and stablecoin launch approach
Stablecoin market cap hits new all-time high amid 11 months of growth Stablecoin market cap hits new all-time high amid 11 months of growth
Latest News More More
2 Days Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
2 Days Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
3 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
4 Days Ago Layer 1 MANTRA's token falls 90% in sudden crash; team blames 'reckless liquidations'
4 Days Ago Canada to launch spot Solana ETFs this week: report
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open