Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68
The Synthetix team told Cointelegraph it has short, medium and long-term plans to mitigate risks as its sUSD stablecoin remains depegged. The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn’t the first time the…