PANews reported on March 22 that OKX data shows the depegging of Resolv Labs' stablecoin USR has intensified, with the price currently falling to the $0.05 rangePANews reported on March 22 that OKX data shows the depegging of Resolv Labs' stablecoin USR has intensified, with the price currently falling to the $0.05 range
The USR has decoupled further and fallen to the $0.05 range, with a 24-hour drop widening to 95%.
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PANews reported on March 22 that OKX data shows the depegging of Resolv Labs' stablecoin USR has intensified, with the price currently falling to the $0.05 range, at $0.053782, representing a 95% drop in the last 24 hours.
Resolv Labs previously stated that it is currently investigating the incident, and that its collateral pool remains intact with no loss of underlying assets; the issue appears to be limited to the USR issuance mechanism.
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