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BTCC / BTCC Square / cryptonewsT /
Synthetix Founder Calls on Stakers to Address Ongoing sUSD Depeg Crisis

Synthetix Founder Calls on Stakers to Address Ongoing sUSD Depeg Crisis

Author:
cryptonewsT
Published:
2025-04-21 08:15:48
16
1

Synthetix founder urges stakers to act as sUSD depeg persists

Amid persistent deviations from its dollar peg, Synthetix’s founder has publicly urged platform stakers to take decisive action to stabilize sUSD. The decentralized stablecoin has struggled to maintain its 1:1 parity with the US dollar, raising concerns about systemic risks within the Synth ecosystem. Market analysts suggest this depegging event could test the protocol’s monetary policy mechanisms and the responsiveness of its decentralized governance structure.

|Square

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