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sUSD continues to depeg, currently quoted at 0.85122 USD

2025-04-10 17:28:32
Collection

ChainCatcher news, according to market data, sUSD continues to depeg, with the lowest price dropping below $0.83, currently quoted at $0.85122.

Previously, Synthetix founder Kain stated that the sUSD peg repair mechanism is in transition, having sold 90% of ETH and increased holdings in SNX.

(Source Link)
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sUSD Synthetix
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