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  • Synthetix USD stablecoin loses dollar peg, drops to 5-year low of $0.83 April 10, 2025
    The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg.The asset has faced persistent instability since the start of 2025. On Jan. 1, sUSD dropped to $0.96 and only rebounded to $0.99 in early February. Prices continued to fluctuate through […]
    Cointelegraph by Ezra Reguerra
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