Stream Finance Rocked by $93M Blow—Project’s Stablecoin XUSD Peg Craters to $0.24
NegativeCryptocurrency

Stream Finance is facing a significant setback as its stablecoin, XUSD, has plummeted to a mere $0.24, following a staggering $93 million loss. This drastic decline not only raises concerns about the stability of the project but also impacts investor confidence in the broader cryptocurrency market. The situation highlights the volatility and risks associated with stablecoins, which are often seen as safer investments in the crypto space. As the market reacts, stakeholders are left wondering about the future of Stream Finance and the implications for similar projects.
— Curated by the World Pulse Now AI Editorial System












