Resolv stablecoin collapse exposes deep liquidity gap
Resolv’s USR stablecoin has plunged by more than 70 per cent within days after an exploit drained roughly $25 million in Ether, leaving the decentralised finance protocol struggling to meet liabilities that significantly exceed its remaining assets. Data from blockchain trackers and market activity show USR trading near $0.27, far below its intended dollar peg, following a rapid loss of confidence among holders. The collapse has triggered […]