$sUSD has structurally depegged this time
Sounds like brilliant plan to use the TGE of another project (and its funds) to save the degeg of the $sUSD.
But I don't see how the structural problems will (or not) be resolved.
It has in fact depegged on several occasions and it seems strange to me that no one is picking it up at $0.7
The stablecoin peg stabilizer broke and this might be one of the worse depegs after LUNA🧵👇
Twitter: https://x.com/arndxt_xo/status/1913439867809530216
FULL Article: https://threadingontheedge.substack.com/p/susd-has-structurally-depegged-heres