sUSD continues to deviate from its peg, currently priced at 0.8947 US dollars
News on April 10, according to market data, sUSD continues to be unpegged, with the lowest price reaching $0.869 and the current quote is $0.8947.
Previous news reported that Synthetix founder Kain stated that the sUSD pegging repair mechanism is in transition and has sold 90% of ETH and increased holdings in SNX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet

GAIN official: Investigating issues related to abnormal token over-issuance
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.