The Synthetix sUSD stablecoin has fallen another 4.6% in the last 24 hours to $0.916, now 8% below its peg. In the Curve DAI-USDC-USDT-sUSD pool, the asset ratios are heavily distorted: sUSD accounts for 75.21%, indicating that users are actively exchanging sUSD for other stablecoins.$USDC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.