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sUSD Depegging Intensifies, Currently Priced at $0.8175

2025-04-17 09:54

BlockBeats News, April 17th, according to market data, sUSD's off-peg situation has worsened, currently trading at $0.8175, with a 5.0% 24-hour decrease, bringing its market cap down to $25.9 million.


Previously, Synthetix founder Kain stated that the sUSD peg recovery mechanism is in transition, having sold 90% of the ETH and increased SNX holdings.

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