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

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“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.”

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