Yes? They are consistently below their peg and shedding market cap rapidly.

The combination of these two suggests they’re seeing lots of selling and keeping peg up only by spending reserves. Except….they haven’t got it back to $1

They could easily do this if there wasn’t sell pressure.

You can also check the Curve 3 pool. It’s missing about $2 billion in capital, the stablecoins ought to be near equal

https://curve.fi/3pool

It's been like that since the short depeg on May 12. Why isn't it returning to "normal" (1.00)?