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