Hoàng Hậu Ⓜ️
@hoanghau
Synthetix’s sUSD is a crypto-collateralized stablecoin backed by locked SNX tokens, meaning its price stability depends heavily on the performance and market confidence in SNX. Since the start of 2025, sUSD has faced repeated instability. On April 18, it fell to $0.68, a 31% drop from its intended $1 peg. As of April 21, it had recovered slightly to $0.77, according to CoinGecko.
0 reply
0 recast
3 reactions
Phan Han
@phanhan
Bài viết này khiến mình suy nghĩ! J z tr! 🫡
0 reply
0 recast
0 reaction