Uncertainty arises from the imbalance in a Curve fund that raises concerns about the disconnection of the $USDT peg with the US dollar.
The Curve stablecoin pool has an ideal balance of 33.3% between USDT, USDC and DAI. However, on June 15, the USDT percentage exceeded 70%.
The value of $USDT deviated slightly from its peg to the US dollar on June 15 due to an imbalance in Curve's 3pool. The price of $USDT fell 0.3% to around $0.997 as its stake in Curve's 3pool increased to over 70%, surpassing the usual 33.1%.
Curve's 3pool is a stablecoin pool used in decentralized finance that maintains a large amount of liquidity in the three main stablecoins: $USDT, $USDC
