sUSD COLLAPSE? South Korea Freezes SNX Deposits!
This isn’t just another depeg. This could be DeFi's next big crisis.
sUSD crashed to $0.68 and now, Korea’s top exchanges Upbit & Bithumb just froze SNX deposits.
Why?
Because SNX backs sUSD and the whole structure is shaking.
DAXA slapped SNX with a “caution” tag. That’s bad.
Meanwhile, Synthetix founder Kain Warwick launched the sUSD 420 Pool:
Lock your sUSD for a year.
Get a cut of 5 million SNX.
Desperate fix? Or DeFi genius?
Investors are nervous. Exchanges are reviewing SNX.
Recovery to $0.87 was brief. Trust is still broken.
Could SNX get delisted?
Will sUSD survive?
Is this a wake-up call for stablecoins?
Sound off. This is the thread crypto can’t ignore.
#BinanceNews #cryptocrash #SNX #sUSD #thecryptoheadquarters
This isn’t just another depeg. This could be DeFi's next big crisis.
sUSD crashed to $0.68 and now, Korea’s top exchanges Upbit & Bithumb just froze SNX deposits.
Why?
Because SNX backs sUSD and the whole structure is shaking.
DAXA slapped SNX with a “caution” tag. That’s bad.
Meanwhile, Synthetix founder Kain Warwick launched the sUSD 420 Pool:
Lock your sUSD for a year.
Get a cut of 5 million SNX.
Desperate fix? Or DeFi genius?
Investors are nervous. Exchanges are reviewing SNX.
Recovery to $0.87 was brief. Trust is still broken.
Could SNX get delisted?
Will sUSD survive?
Is this a wake-up call for stablecoins?
Sound off. This is the thread crypto can’t ignore.
#BinanceNews #cryptocrash #SNX #sUSD #thecryptoheadquarters
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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