@Cbb0fe CBB

There's a crisis unfolding around Stream DeFi's xusd stablecoin, which has a reported $170m backing but is borrowing $530m from lending protocols, sparking concerns of insolvency and potential fraud. Many are warning of risks associated with xusd and advising users to withdraw their funds from related vaults on Morpho and Euler Finance. The situation has sparked a heated debate about risk management and transparency in DeFi.

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