freezes
Crisis in Decentralized Finance: Stream Finance Freezes Operations as XUSD Collapses Following $93 Million Asset Loss
By Financial Markets Desk Published: November 2023 Executive Summary: The Anatomy of a DeFi Collapse The decentralized finance (DeFi) sector has been rocked by yet another catastrophic failure following a stunning announcement by Stream Finance. The protocol’s native stablecoin, Staked Stream USD (XUSD)—designed to maintain a steadfast 1:1 parity with the United States dollar—has suffered […]
