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.
