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Stream Finance Suspends Operations Following $93 Million Fund Loss

Stream Finance Suspends Operations Following $93 Million Fund Loss

Author:

Global Cryptocurrency

Published:

2025-11-04 06:29:02

11

2

BTCCSquare news:

Stream Finance has halted all deposits and withdrawals after reporting a $93 million loss tied to an external fund manager. The platform has engaged Perkins Coie LLP to investigate the incident, with updates promised as the probe unfolds.

Its algorithmic stablecoin, XUSD, depegged by 23%, trading at $0.938. The event reignites concerns about the fragility of algorithmic stablecoins under market stress. Stream Finance is actively securing remaining liquid assets to mitigate further fallout.

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