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Mentions — Jun 15, 2026 – Jun 21, 2026

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morpho(1)msusd(1)msy/usdc(1)proof-of-reserve(1)

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Crypto Newsmorpho msusd msy/usdc proof-of-reserve

MainStreet defends MSUSD backing after 85% price drop

MSUSD traded near $0.378 after losing its dollar peg, as Morpho’s msY/USDC market hit 100% utilization amid proof-of-reserve concerns.

Jun 21, 11:08 AM