Wednesday, 30 Sep, 2026

Staked Stream USD (XUSD) Collapses to $0.17 Following $93M Mismanagement Scandal; Withdrawals Frozen

By Financial & Crypto News Desk Published: November 2023 Main Facts The decentralized finance (DeFi) sector has been rocked by yet another catastrophic collapse involving a major algorithmic asset. The Staked Stream USD (XUSD) stablecoin, issued by the DeFi yield platform Stream Finance, has suffered a catastrophic depegging event, plunging more than 82% in value […]