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21.co research director: Alameda is shorting USDT by borrowing on Aave and selling USDT for USDC on Curve

2022/11/10 13:03

21Shares parent company 21.co research director elindinga tweeted: "Alameda is shorting USDT by borrowing on Aave (hence the higher APY of USDT) and selling USDT for USDC on Curve. USDT is back to the $1 peg but we're closely monitoring their moves."
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