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sUSD continues to trade below its peg, currently priced at $0.906

2025.04.10 08:48:14

On April 10th, based on market data, sUSD continues to experience depegging. The lowest price reached $0.869 and it is currently trading at $0.906. In previous news, Synthetix founder Kain mentioned that the sUSD peg repair mechanism is in the process of transition. They have sold 90% of their ETH holdings and increased their SNX position.
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