This is why DeFi keeps people up at night.


100,000 USDC in.
50,000,000 $USR minted.
Peg collapsed to $0.15.
@ResolvLabs built an overcollateralised stablecoin meant to be the SAFE option in DeFi.
One exploit later, and billions in confidence evaporated overnight.
Collateral intact, they say. But trust? That's a different balance sheet entirely. 😤
Who's watching this unfold? 👇
USDC0.02%
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