Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoin pool has become unbalanced Thursday morning. Furthermore, at 9:35 a.m., a report disclosed that Tether has frozen more than 46 million tethers at the request of law enforcement. **Editor’s Note: This article’s last paragraph was updated on Nov. 10, 2022, at 3:10 p.m. (ET) to reflect a comment from a Tether spokesperson. Tether Price ...
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