In the 3pool pool on Curve Finance there was a skew towards stableneck USDT. Its share rose to 75.83% ($314.5 mln). The volume of DAI and USDC is $50.2 mln and $50 mln, respectively.
At the same time, the price of stabelcoin in the trading pair USDC/USDT on Binance continued to grow - in the morning it reached the annual maximum, having overcome the ceiling of $1.0042. In fact, USDT "sagged" by 0.3%. Also there are traders, who are trying to earn on the situation.
CZSamSun borrowed 31.5 million USDT through Aave v2 against a deposit of 17 thousand ETH and 14 thousand stETH. Then he exchanged the received funds for USDC for 1inch, 20 minutes later already another address pledged 52.2 thousand stETH through Aave v2, after which he borrowed 50 million USDC. He converted these tokens in batches to USDT.
The company's CTO Paolo Ardoino intervened in the situation in an attempt to reassure the audience. "The markets are a little 'nervous' these days, and speculators easily take advantage of that to their advantage. But at Tether, we're as ready as ever. Let them come in. We can buy back any amount."
