Synthetix’s algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko’s price data, …
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sUSD
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DeFi
RWA-Backed sUSD Hits Stunning Milestone with 10M USDC Deposits in Just 1 Hour
by shayaanby shayaanFollowing other recent decentralized finance (DeFi) emerging projects in the Solana ecosystem, the newly launched Solayer USD launched the first synthetic stablecoin …