Staked ETH (stETH) deviates further from Ethereum (ETH) with the exchange rate on Curve dropping to 0.9585 ETH. The stETH-ETH peg is impacted after Three Arrows Capital removed 20,945 stETH worth nearly $33.76 million and Aave paused Ethereum (ETH) borrowing until the Merge. This risks another liquidity crisis similar to June. Staked Ether (stETH) Deviates The post Staked Ether (stETH)/ETH Peg Deviates Further, Risks Another Crypto Market Crash? appeared first on CoinGape.
