Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral?
1d ago•
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Synthetix’s sUSD stablecoin has plunged as low as $0.68, losing its dollar peg amid structural changes, sparking fears of a broader DeFi crisis and highlighting vulnerabilities in algorithmic stablecoin mechanisms.
1d ago•
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