The Synthetix protocol's native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn't the first time the asset has been under significant stress, and several risk measures are in place.
Source: cointelegraph.com
Related symbols: SNXUSD
2025-04-18 06:29:02 GMT.
Source: decrypt.co
Date: 2025-04-18 18:13:01