Site icon UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News

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

“Curve pools have become a bellwether for investor sentiment regarding stablecoins,” said Andrew Thurman, head of research at data firm Nansen. “They also play a key structural part in maintaining on-chain pegs, and an imbalanced pool can exacerbate liquidity woes, adding to panics.”

www.coindesk.com

Exit mobile version