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Tether (USDT) Loses 1:1 to US Dollar Amid Heightened Sell Pressure in Curve’s 3pool

Tether (USDT) Loses 1:1 to US Dollar Amid Heightened Sell Pressure in Curve's 3pool

Tether (USDT), the USD-pegged stablecoin issued by web3/fin tech company Tether, fell slightly below its 1:1 peg against the US dollar on Thursday on decentralized exchange (DEX) Curve Finance, pushing the DEX's main stablecoin liquidity pool (Curve 3pool) into imbalance. USDT fell as low as 0.998

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