DeFiBearishU.Today · 3d ago7/10
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USD Stablecoin USDR Extends De-Peg to 37% Following $10 Million Governance Exploit
USDR, a USD stablecoin, has experienced a severe 37% de-peg following a $10 million governance exploit disclosed by StablR after a two-month silence. The breach compromises confidence in the protocol's security and raises questions about stablecoin resilience when core governance mechanisms are compromised.