DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Merchants Flee USDC

by Jeremy

“Curve swimming pools have turn out to be a bellwether for investor sentiment concerning stablecoins,” mentioned Andrew Thurman, head of analysis at information agency Nansen. “In addition they play a key structural half in sustaining on-chain pegs, and an imbalanced pool can exacerbate liquidity woes, including to panics.”

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