coin-img-TRUSTTRUST-0.92%coin-img-ETHETH-1.25%coin-img-BTCBTC-0.55%coin-img-UCNUCN+0.31%coin-img-SOLSOL-1.89%coin-img-XRPXRP-1.80%coin-img-USDCUSDC-0.04%coin-img-NEARNEAR-0.54%coin-img-TRUSTTRUST-0.92%coin-img-ETHETH-1.25%coin-img-BTCBTC-0.55%coin-img-UCNUCN+0.31%coin-img-SOLSOL-1.89%coin-img-XRPXRP-1.80%coin-img-USDCUSDC-0.04%coin-img-NEARNEAR-0.54%coin-img-TRUSTTRUST-0.92%coin-img-ETHETH-1.25%coin-img-BTCBTC-0.55%coin-img-UCNUCN+0.31%coin-img-SOLSOL-1.89%coin-img-XRPXRP-1.80%coin-img-USDCUSDC-0.04%coin-img-NEARNEAR-0.54%coin-img-TRUSTTRUST-0.92%coin-img-ETHETH-1.25%coin-img-BTCBTC-0.55%coin-img-UCNUCN+0.31%coin-img-SOLSOL-1.89%coin-img-XRPXRP-1.80%coin-img-USDCUSDC-0.04%coin-img-NEARNEAR-0.54%
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Liam Zhang

Stream Finance xUSD Collapse Triggers $1 Billion Stablecoin Outflows Across DeFi

Stream Finance's xUSD stablecoin collapsed to zero following a $93 million loss, sparking $1 billion in outflows across DeFi platforms. The incident marks the largest stablecoin withdrawal event since the UST collapse in 2022. Protocols including Coinshift, Elixir, and Euler experienced significant total value locked declines, with Euler recording $137 million in bad debt.
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