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Synthetix’s sUSD Slides Further Away from Peg After Protocol Update

Bouncing back to $0.83, sUSD is far from out of the woods as it hit as low as $0.66 in a depegging caused by a stabilization mechanism in transition.
By: Leo Jakobson •
susd depeg

Bouncing back to $0.83, sUSD is far from out of the woods as it hit as low as $0.66 in a depegging caused by a stabilization mechanism in transition.

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