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."

 

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Source

Curve

Stablecoins

USDT

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