Wednesday, 15 Jul, 2026

The XUSD Catastrophe: How $93 Million Vanished and Sent a Stablecoin into a Death Spiral

The decentralized finance (DeFi) ecosystem is no stranger to volatility, but the recent collapse of Staked Stream USD (XUSD) serves as a stark reminder of the fragile foundations upon which some high-yield digital assets are built. In a matter of hours, what was marketed as a stable, dollar-pegged asset transformed into a cautionary tale of […]